Results – Page 36
-
NewsWarburtons posts loss as slump in traditional bread hits
Bakery giant Warburtons swung to an eight-figure annual loss as it soaked up significant restructuring costs from the continued slump of the traditional bread market.
-
NewsGrocery and Primark drive nine-month growth for ABF
Associated British Foods has seen a 3% increase in constant currency revenues from continuing businesses across its first three quarters thanks to growth in grocery, Primark and a third quarter improvement in its sugar division.
-
NewsCity snapshot: Sainsbury’s first quarter sales slide amid non-food slump
Sainsbury’s like-for-like sales fell by a further 1.6% in the 16 weeks to 29 June to put further pressure on CEO Mike Coupe after its failed merger with Asda. Plus, PureCircle issues profits warning, shop prices drop but food inflation holds steady and all the rest of the latest news from the City.
-
NewsBrewDog looks abroad despite first profit setback
The craft brewer is targeting further expansion despite posting its first annual loss in 2018
-
NewsAs Nature Intended back in the black as it plots future expansion
Health and organic food retailer As Nature Intended swung to a pre-tax profit in 2018 despite having to shut down one of its main London shops in a refurbishing programme.
-
NewsThorntons sales continue to slip in second year under Ferrero
Newly filed accounts at Companies House show Thorntons’ sales fell 3.3% to £135.2m in the 53 weeks to 31 August
-
NewsBoots UK profits decline amid wider high street woes
Boots UK third quarter profits slumped as the pharmacy chain proved the latest victim of declining footfall on the high street.
-
News2 Sisters returns to underlying growth as turnaround strategy ‘gains momemtum’
Quarterly underlying profits at 2 Sisters’s parent company Boparan rose for the first time in over two years, as the chicken giant’s turnaround strategy has begun to take hold.
-
NewsCity snapshot: Golden summer boosts Greene King but 2019 trading hit by poor weather
Greene King has posted a rise in annual sales and underlying profits driven by the UK’s warm summer last year and the World Cup, but has warned its trading so far this year has been impacted by the wetter weather.
-
NewsEuropean heatwave boosts underlying performance at Froneri
Froneri’s underlying annual profits jumped 62% last year as the ice cream giant’s sales were boosted by the summer heatwave hitting Europe last year.
-
NewsEdrington annual sales soar on booming demand for premium brands
Scottish spirits stalwart Edrington reported an “industry-leading” rise in annual revenues on the back of soaring demand for its premium-end whisky.
-
NewsKarro Food Group losses continue to grow under CapVest
Newly filed accounts in Companies House show pre-tax losses for the year to 29 December 2018 rose to £9.2m…
-
NewsCity snapshot: Cost inflation and weak pork market drive losses at Karro
Losses continued to mount at pork giant Karro Food Group in its first full year under CapVest ownership, plus all the rest of the latest news from the City.
-
NewsKroger suffers first quarter earnings slump
Kroger, the largest pure-play grocery chain in the US, has posted a 62% slump in profits for the first quarter of 2019, due to lower gains on business sales and lower gross margins in its pharmacy business.
-
NewsBell Food warns on profits as China's swine fever drives up pork prices
Switzerland’s Bell Food Group warned of a 9.4% earnings reduction in the first half of its financial year, due to a “massive” jump in pork prices linked to the outbreak of the African swine fever in China.
-
NewsSuperdrug profits slide amid ‘challenging’ conditions
Warm summer weather and growing sales of vegan goods drove a rise in annual revenues at health and beauty chain Superdrug last year, but profits fell back amid “challenging times” on the high street.
-
NewsCharlie Bigham’s sales jump but profits slip into the red
Upmarket ready meals supplier Charlie Bigham’s has posted a £9.3m jump in annual sales in its most recent financial year, but investment in growing capacity sent the company into the red.
-
Analysis & FeaturesCity uncertain over Tesco’s ‘strong’ start to 2019
Tesco CEO Dave Lewis declared the retailer had a “strong” start to the year, but weakening sales growth left some in the City wondering if its resurgence was beginning to slow.
-
NewsCity snapshot: Tesco first quarter growth slows amid 'subdued' market
Tesco is continuing to outperform a “subdued” UK grocery market, as its first quarter like for like sales rose 0.8% in the UK and Republic of Ireland. Plus, Majestic Wine confirms “advanced discussions” over the sale of Majestic Retail and Commercial businesses, M&S rights issue undersubscribed, PZ Cussons trading update and all the rest of the latest news from the City.
-
NewsSymington's sees sales and profits rocket as turnaround continues
The Ragu owner reported a rise in sales in the year to 26 August 2018 from £115m to £120.3m…