Results – Page 116
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Analysis & FeaturesIt’s not all doom and gloom in emerging markets
A slowdown in growth in emerging markets has hit global fmcg firms hard, but Nestlé’s second quarter performance is cause for hope
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NewsKerry Group battles changing shopping trends to post first-half profit growth
Irish food supplier Kerry Group overcame fickle UK shoppers and turmoil in its emerging markets businesses to grow profits in the first six months of 2014.
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Analysis & FeaturesIs the tide turning against Waitrose?
Despite stellar recent growth, Waitrose is not immune to the wider industry problems and price deflation.
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NewsGreggs one of biggest risers on FTSE thanks to strong first half
Trading improved significantly in the second half of last year…
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NewsAB InBev scores World Cup beer boost in Q2
Beer sales during the World Cup boosted the UK fortunes of Belgian brewery giant AB InBev.
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NewsDiageo sales growth stalls as emerging markets weaken
Weakness in emerging markets has continued to affect the performance of Diageo, which today reported a “mixed performance” in the year to 30 June.
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NewsStrong pound dents British American Tobacco’s revenues
British American Tobacco saw first half headline revenues decline by 10% after being hit by adverse exchange rate movements.
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NewsRevamped coffee and sandwiches help drive Greggs profit surge
Greggs has reported an almost 50% rise in first half pre-tax profit after diversifying its product range
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NewsPZ Cussons defies currency headwinds to post profit growth
Soap maker PZ Cussons has recorded a 7% rise in full year profits despite negative currency movements and unrest in Nigeria.
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NewsReckitt Benckiser spins off pharma to focus on consumer goods
Reckitt Benckiser is to spin off its pharmaceutical division to concentrate on its core business of consumer goods.
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Analysis & FeaturesTesco shares rise on Clarke departure despite profit warning
Dishearteningly for Philip Clarke, Tesco shares rose on Monday after his departure was announced…
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NewsAfrican demand boosts SABMiller’s global volumes
SABMiller’s first quarter global drinks volumes grew by 3%, driven by increased demand in South Africa and the African region.
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NewsVimto maker Nichols reports half-year profit boost
Vimto brand owner Nichols has reported a double-digit increase in half-year profits – boosted by strong UK sales.
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NewsBritvic raises profit forecast as fizzy drinks sparkle
Britvic has raised its profit forecast for the full year after enjoying strong fizzy drink sales in the third quarter.
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NewsCoca-Cola revenues slide despite World Cup boost
Coca-Cola reported a fall in second quarter revenues and profits despite a huge marketing effort around the FIFA World Cup.
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Analysis & FeaturesThe time has come for Premier Foods to deliver
Analysts are convinced Premier Foods shares are set for an upturn, but the market just isn’t playing ball.
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NewsPremier Foods profits up despite sales dip
Tight cost control has enabled Premier Foods to post a 2.1% increase in first half profit despite seeing a drop in sales of its ‘power brands’.
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NewsMcColl’s sales up as Lancaster splits off chairman role
McColl’s Retail Group has reported a 2.1% increase in half-year like-for-like sales, and revealed founder James Lancaster is to fully focus on his role as chief executive.
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NewsFood & drink companies lead the way on working capital
The 20 biggest global consumer products companies improved their working capital positions dramatically in 2013…
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NewsFinsbury Foods shares bounce back on news of good profits
After responding strongly to the sale of its free-from business last year, Finsbury Foods shares have drifted…