Results – Page 119
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NewsPrice war set to drive M&A consolidation, warns Grant Thornton
UK M&A volumes held up in the first quarter of 2015, but deal values were significantly down as small-scale consolidation dominated the market.
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NewsBirds Eye sales slump as Nomad steps in
Newly filed accounts at Companies House for the UK business revealed pre-tax profits plunged more than £20m (26%) to £62.7m on sales down 4.6% to £446.3m in 2014
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NewsGreggs share price soars after sales uplift
Shore Capital analysts Darren Shirley and Clive Black reiterated a “buy” rating on the stock
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NewsABF: Kingsmill loaves lost from Tesco have already been replaced
FD John Bason said the Allied Bakeries subsidiary had already replaced the lost business
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NewsDivine Chocolate hits its highest profit since 2008
It attributed the increase to NPD such as its Milk Chocolate with Toffee & Sea Salt bar, as well as strong sales in the US
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NewsHeineken impresses in Americas and Asia Pacific with strong growth
The group’s total sales were up 8.1% to €4.83bn before currency exchange rates. In the Americas, that growth rate was 18%, while in Asia Pacific, it was 21%.
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NewsAssociated British Foods stock falters as sugar woes hit
Shares in Associated British Foods have slipped back 4.7% to 2,735p
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NewsElla's Kitchen into the red but sales and profits rise
The one-off cost stemmed from the write-off of a loan between the UK company and US cousin Ella’s Kitchen Inc, which was formed following the sale to Hain Celestial in May 2013
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NewsCity News: Diageo's pain is SABMiller's gain
There were contrasting fortunes for the UK’s largest listed alcohol firms on Thursday…
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NewsJim McCarthy: Poundland's growth is not dependent on 99p Stores
Poundland’s rate of store openings slowed during the previous financial year, giving it 547 UK stores
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NewsTayto sales and profits boosted by Golden Wonder resurgence
The sales improvement is partly due to the rebound of the Golden Wonder brand, which has seen double-digit sales value rises recently after coming under Tayto ownership in 2006
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NewsNestlé beats Q1 expectations with sweet organic sales growth
Food behemoth Nestlé registered sales of CHF20.9bn (£14.6bn) in its first quarter thanks to organic growth being ahead of expectations at 4.4%.
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NewsBernard Matthews reduces annual losses as cost cutting takes effect
Turkey giant Bernard Matthews experienced a “significant improvement” in the performance of its UK business during the 12 months to 29 June 2014, despite a fall in revenues of £39.9m to £306.8m.
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NewsDiageo shares drop following sales decline in many markets
Diageo’s share price fell almost 3% today after the drinks giant reported declining sales in many regions. -
NewsCurrency issues drive 2% drop in SABMiller reported revenues
SABMiller’s group net producer revenue (NPR) grew 4% in the financial year from April 2014 to March 2015, the company announced in a trading update today.
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NewsWH Smith profits rise in face of falling sales
Sales have dipped while pre-tax profits continued to grow at high street retailer WH Smith, according to its interim financial results released today.
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NewsPoundland sales break through £1bn despite fourth quarter slowdown
Sales at Poundland soard through the £1bn barrier last year after the fixed price discounter achieved an 11.8% revenue boost on a constant currency basis.
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NewsCarrefour sees 3.2% first quarter sales growth
French hypermarket chain Carrefour has seen revenues grow by 3.2% on an organic basis (ex petrol) in the first three months of 2015.
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NewsCity News: Rollercoaster ride for Poundland as CMA investigation steps up
The announcement caused an immediate plunge in Poundland’s share price before bouncing back minutes later
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NewsCranswick finishes year with ‘strong’ quarter
Listed meat supplier Cranswick has finished the year with a “strong” quarter as underlying sales rose by 1%.