Results – Page 39
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NewsTesco set to reveal bumper profits boost
Tesco is set to announce its biggest annual profit since the accounting scandal that dogged the UK’s biggest supermarket in 2014. Plus, board changes at Total Produce, a look forward to the week in the City and all the rest of the latest finance news.
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NewsBumper sales at Inspired Pet Nutrition but profits fall back
The owner of pet food brands Wagg and Harringtons grew annual sales by 17.3% last year to £91.3m but profits were held back by its reluctance to push cost increases though to higher prices.
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NewsElla's Kitchen sales and profits surge amid sustainability push
The organic baby food supplier saw profits soar 23% to £10.4m during the year to 30 June 2018
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NewsProfits slide at Tayto despite acquisition sales boost
The Northern Irish crisp giant saw pre-tax profits fall 62% despite new acquisitions boosting sales
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NewsCity snapshot: Booming food sales drive profits boost at The Co-op
The Co-op has posted a double-digit rise in annual sales and profits last year as strong food performance boosted growth. Plus, March’s high street figures fail to rebound from Beat from the East all the rest of the latest news from the City.
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NewsGlobal Brands sales surge 19% on back of product innovation
Sales growth accelerated at VK-owner Global Brands, taking annual sales past the £50m mark for the first time
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NewsOrnua reports strong results but warns Brexit will be 'costly'
The Irish dairy co-op saw global operating profit up 14.8% last year to €40.4m, boosted by strong performance by the Kerrygold brand
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NewsGrocery sales growth drops to slowest rate in a year
Grocery sales growth has fallen to its lowest level since March 2018 as the late Easter and Mother’s Day hit year-on-year comparisons, according to Kantar. Plus, profits slump at palm oil producer MP Evans and all the rest of the latest news from the City.
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NewsRecovery begins at Accolade Wines after turnover growth
Revenues at the troubled Echo Falls and Hardys owner grew £3m to £476m for the year ending 30 June 2018
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NewsFood-to-go chain Eat swallows £17m loss after sales slump
Food-to-go retailer Eat has swallowed a £17.3m loss for the past year, after sales slumped 4.3% amid pressure on the UK high street
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NewsCentral England Co-op reports jump in profits and sales
Capital expenditure of £28.7m was invested in 10 new food stores and the refurbishment of 35 others
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NewsSalad supplier Kanes in turnaround after plunging to £9.8m loss
The supermarket supplier is in a ”secure” position after agressive cost-cutting
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NewsStrong Roots takes top spot from Pots & Co in Alantra Fast 50 list
The supplier of frozen plant-based burgers and sides has rocketed to £9m in annual sales
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NewsCasella and Kingsland buck wine trend to post solid sales
Casella, which owns Yellow Tail, saw UK revenues surge 17.7% in the year 30 June 2018
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NewsCity snapshot: Frozen supplier Strong Roots jumps to top of Fast 50
Challenger brand Strong Roots has surged to the top of Alantra’s Fast 50 list, amid a resurgence of the frozen food category
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NewsLosses deepen at Science in Sport despite sales surge
AIM-listed sports nutrition supplier Science in Sport slipped to a £2.5m loss amid significant investment, despite surging revenues
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NewsOcado sales growth dented by Andover warehouse fire
Sales jumped 11.2% at Ocado in the past 13 weeks, but its performance was dented by the fire at its Andover warehouse last month
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NewsProfits plummet at Butcher's petfood maker after costs soar
The company made “rapid progress” in the 2018 financial year amid significant invesment
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NewsCity snapshot: Casino plans €2.5bn of asset sales as its targets convenience and online growth
French hypermarket chain Groupe Casino has raised its target from the sale of non-core assets from €1.5bn to €2.5bn over the next year. Plus, the pound rises to multi-month highs as ‘no deal’ Brexit threat recedes and all the latest news from the City.