Results – Page 124
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NewsMorrisons sales fall again as online debut approaches
Morrisons’ like-for-like sales for the third quarter fell 2.4% with CEO Dalton Philips insisting the retailer will return to positive like-for-like growth in Q4.
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NewsDairy Crest half-year results reveal cheese as the star
Dairy Crest has reported a strong first-half performance in its cheese business, with total sales increasing by 12% year o…
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NewsImperial Tobacco profits rise despite volume fall
Imperial Tobacco’s full-year profits rose despite falling volumes, the company revealed yesterday, as it forecast “modest” growth for the coming year.
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NewsBernard Matthews posts £20m loss as costs spiral
Bernard Matthews has posted a dramatic £20m loss in its latest full-year results, as bad grain harvests, poor weather and operational inefficiencies took their toll.
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NewsTesco meat packer Hilton returns to growth in UK
Hilton Food Group has reported a return to growth in its UK meat-packing operations as the impact of ‘Horsegate’ on the market has eased and economic conditions have improved.
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NewsAB InBev’s MacFarlane to head up combined European division
Former AB InBev UK boss Stuart MacFarlane, who developed the brewer’s hit Stella Artois Cidre and Stella 4%, is to head up a new combined European division for the company.
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NewsPremier Foods sales drop despite focus on power brands
Premier Foods’ outlook for the full year remains unchanged despite a 3.2% fall in total sales in its third quarter.
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NewsBoparan suffers £33.5m loss as horsegate takes a toll
Protein giant Boparan Holdings has suffered a £33.5m full-year loss as a result of a “perfect storm” of inflation, the horsemeat scandal and its acquisition of Vion’s UK operations.
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NewsHalf-year sales boost for Nisa
Nisa has posted strong half-year trading figures thanks to its new contract with c-store chain McColl’s…
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NewsPernod Ricard sales drop as Chinese clampdown bites
Pernod Ricard saw a “slight decline” in its first-quarter results, driven by a marked slowdown in emerging markets compared to the same period last year and an anti-extravagance clampdown in China.
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NewsUnilever sales grow despite slowdown in emerging markets
Unilever chalked up underlying sales growth of 3.2% in the third quarter, despite a slowdown in emerging markets and a squeeze on prices in Europe.
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NewsPeroni lifts SABMiller in UK but Europe stays flat
Peroni Nastro Azzuro continued to tempt drinkers in the UK, SABMiller reported today, but the company’s overall performance in Europe over the last six months was mixed.
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NewsDiageo propped by American sales as emerging markets cool
Diageo has reported organic net sales of 3% in the 3 months to 30 September, on volumes up 0.6% - but Western Europe continued to see a decline.
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NewsBooker profits jump as Makro savings kick in
Booker’s acquisition of Makro is “on plan” to generate £26m of synergies by the end of the wholesaler’s financial year.
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NewsPepsiCo Europe sales rise 3% in third quarter
PepsiCo has reported a 3% increase in like-for-like European sales in the third quarter.
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NewsProfits up at WH Smith as sales continue to slide
WH Smith has reported a 6% hike in full-year profits to £108m, but sales continue to fall at the retailer.
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NewsFirst Milk profits bounce back following £7.8m loss
First Milk has reported an improvement in profits to £1.1m in the six months to 30 September, turning around a loss of £7.8m in the previous full financial year.
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NewsGreggs boss Whiteside: Store revamps will hold back profits
Greggs’ CEO Roger Whiteside does not expect the bakery chain to return to profit growth for at least two years as the business continues to focus on improving the quality of its offer.
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NewsCranswick sales rise but pig prices weigh on profits
Cranswick has reported strong sales of fresh pork and bacon during the first half of its financial year, but warned profitability is under pressure from record pig prices and higher-than-expected start-up costs for its new pastry facility.
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NewsHeron Foods profits take a hit in 2012 as it absorbs Cooltrader
Heron Foods has reported a 40.5% drop in pre-tax profits to £4.8m for the financial year ending 29 December 2012.