Results – Page 49
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NewsBrazil truck strikes drag growth down at Unilever
Unilever has spent much of the past few weeks trying to unite shareholders over its planned corporate relocation to the Netherlands, but it was left frustrated by South American affairs on Thursday as shrinking profits were blamed on trucking strikes in Brazil.
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NewsEnco sales and profits hit by stalling Nurishment performance
Newly filed accounts for the Grace Foods UK-owned supplier show 2017 sales dropped by 2.7% to £48.5m.
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NewsCity snapshot: Brazil truckers strike hits Unilever's Q2 growth
Unilever has posted underlying sales growth of 2.5% in the first half of the year after organic growth slowed to 1.9% in the second quarter, excluding its spreads business. Plus, strong Vimto sales boost Nichols’ first half, trading updates from Hilton Food Group and Science in Sport and all the rest of the latest news from the City.
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NewsCity snapshot: Premier Foods' growth slows ahead of crunch AGM
Premier Foods has announced first quarter sales growth of 1.7% ahead of a crucial shareholder vote on the future of CEO Gavin Darby later this morning. Plus, Hotel Chocolat Group grows revenues by 12% in the year to 1 July 2018, M&S signs energy supply deal with Octopus, Real Good Foods to raise £1m from investors and all the rest of the latest news from the City.
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NewsCity snapshot: Air travel underpins 7.3% third quarter sales rise for SSP Group
Travel retailer SSP Group has grown sales by 7.3% in the third quarter, with like for like growth of 2.7% in the period. Plus, key brands grow 6% at Dairy Crest in the first quarter and all the rest of the latest news from the City.
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NewsAnnual sales dip 3.4% at Finsbury Food Group
Full year sales at baked goods manufacturer Finsbury Food Group (FIF) dropped 3.4% as it was impacted by bakery closures and declining overseas sales.
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NewsAdelie Foods sinks to £28.8m loss after losing contracts
The food-to-go supplier fell dramatically in the year-and-a-half after recording a £5.5m profit in the previous 12-month period
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NewsWeetabix profits fall as Post takes the reins
Profits at Weetabix slid in the run-up to its £1.4bn sale to US group Post Holdings amid “management distraction” around the sales process and rising costs, according to newly filed accounts.
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NewsOcado swings to first half loss amid increased investment
Ocado has posted a first half pre-tax loss of £9m as its investments capacity, technology and international expansion hit its bottom line.
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NewsNoble Foods sees pre-tax profits drop amid falling egg prices
Newly filed accounts at Companies House show pre-tax profits slumped by 78.8% in the year to 30 September 2017.
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NewsYoung's reveals losses as bidders raise interest
The seafood supplier recorded a 5.4% upturn in sales over the year
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NewsCity snapshot: Low sugar prices temper Primark growth at ABF
Associated British Foods has announced it expects hit full year expectations despite a reduced profit in its sugar division as the group has enjoyed higher margins than expected at its Primark clothing retail business. Plus, Premier Foods and Oasis row continues, World Cup helps positive trading at C&C Group, new non-exec at Ocado and all the rest of the latest news from the City.
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NewsCity snapshot: Sainsbury's like for like growth slows to 0.2% in first quarter
Sainsbury’s like-for-like sales growth slowed to 0.2% in the first quarter of 2018 as it instigated price cuts to battle a “competitive market”.
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NewsMcBride sells personal care business and issues profits warning
Own label household goods manufacturer McBride has agreed a £12.5m sale of its European personal care liquids business and issued a profits warning on weaker than expected early summer sales.
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NewsTate & Lyle Sugars blames 'uncompetitive' EU regulations for huge loss
Brexit backer Tate & Lyle Sugars has blamed the ‘uncompetitive’ European Union sugar regime for annual losses that have ballooned to more than £25m.
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NewsFruit Bowl maker back in profit despite sales decline
Fruit Bowl snacks maker Stream Foods is back in the black after improving profitability, despite a drop in sales.
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News2 Sisters profits fall 77% amid protein division restructure
The poultry giant said volume growth was more than offset by the “negative impact of beef, poultry and fish price inflation”
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NewsWhitbread blames high street woes for Costa Coffee sales fall
Whitbread said a decline in footfall in traditional shopping locations dragged Costa’s like-for-like sales back 2% in its first quarter.
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NewsGreene King's profits slump amid rising costs and cold winter
Annual profits slumped by 11.4% at brewer and pub company Greene King last year as it suffered from the cold British winter and rising costs.
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NewsGiant crumpets help prop up Warburtons’ annual sales
However, Warburtons’s pre-tax profits dived by 40.2% in the 53 weeks to 30 September 2017