Results – Page 37
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NewsCity snapshot: Global demand for premium spirits boosts Rémy Cointreau
French spirits giant Rémy Cointreau has posted annual sales growth of 7.9% driven by strong global sales of its key premium brands.
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NewsApplegreen reports solid trading so far in 2019
Forecourt trader Applegreen will continue to explore opportunities in the US, chairman Daniel Kitchen will announce at its AGM this morning.
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NewsLRS maintains profits despite soft drinks levy and dip in sales
LRS has posted a drop in sales of £5.9m but its pre-tax profits edged up regardless
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NewsBeavertown off-trade sales surge 500% after Heineken sale
The surge had been largely driven by the popularity of its session IPA
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NewsQuorn's profits dip as it steps up investment in growth
Veggie foods specialist Quorn grew sales by 7% last year, though profits fell back as it continues to invest in expansion of its meat-free ranges.
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NewsTate & Lyle sees 75% increase in losses as sugar beet quotas end
T&L Sugars, owned by American Sugar Holdings since 2010, posted a pre-tax loss of €50m (£44m) in the year to 30 September as the end of sugar quoatas caused a glut of supply in the market.
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NewsCity sours on B&M over core business slowdown
B&M Bargains has been a rare beacon of hope for the beleaguered UK high street, but investors gave the group’s annual results the cold shoulder this week despite its stellar growth.
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NewsCity snapshot: Annual losses balloon at Tate & Lyle Sugars
Losses ballooned at Tate & Lyle Sugars as the glut of sugar production in the EU following the end of quotas hammered prices and profitability. Plus, annual losses at parent and young children specialist retailer Mothercare rose to £87.3m last year and all the rest of the latest news from the City.
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NewsLeon expansion behind loss despite 25% sales jump
Leon cited concerns about rising business rates, wages and food inflation as well as uncertainly surrounding Brexit
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NewsDanish Crown sees benefits of boost in pork exports to China
Danish Crown pointed to the ‘unprecedented recovery’ in the pork market in recent months
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NewsStore openings boost annual growth at B&M Bargains
B&M Bargains owner BME European Value Retail has delivered another “strong” annual performance with a double-digit rise in sales and underlying earnings.
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NewsM&S announces £600m discounted rights issue to fund Ocado JV
Marks and Spencer has announced a £600m rights issue to fund its joint venture with Ocado as it reveals a 10% drop in pre-tax profits and a 3% drop in annual revenues.
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NewsCity snapshot: WH Smith CEO Stephen Clarke steps down
WH Smith chief executive Stephen Clarke has decided to step down at the end of October after 15 years with the company. Plus, trading updates from Cranswick, Greencore, Hilton Food Group, Tesco stops mortgage lending and all the rest of the latest news from the City.
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NewsLily's Kitchen vows to double sales of its petfood globally
Premium petfood brand Lily’s Kitchen is plotting a huge exports push to double its international sales this year and break into the Asian and Middle East pet care markets.
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NewsAsda like-for-likes up 0.5% with Easter adjustment
Asda CEO Roger Burnley said the supermarket remained focused but warned of challenges ahead
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NewsExceptional costs drive £43m annual loss for Premier foods
Premier Foods has fallen to an annual loss of £42.7m as impairments and pension charges hit its bottom line, but core profitability improved in a further sign of “consistent progress”.
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NewsLWC Drinks hails 'aggressive growth' after £53m sales surge
The booze wholesaler has reported sales up more than £53m
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NewsKettle falls to loss as it invests heavily in promotions
Premium crisps player Kettle Foods has slumped to a heavy loss as it maintained high levels of promotions to fight declining market share.
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NewsTails.com hits £21m in sales following Nestlé majority stake deal
This year’s sales will be driven in part by Tails.com’s first overseas expansion in February
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NewsMarussia Beverages falls to loss of £470k
MD Bruce Perry said the loss was due to ’continued marketing investment’ despite ‘difficult trading conditions’