Results – Page 51
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NewsCharlie Bigham's adds capacity as it records 18% profits rise
The upmarket ready meal manufacturer saw pre-tax profits rise to £4.1m for the year ending 31 August 2017, after sales rose 7.5%
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NewsPies & pastries supplier Peter's embarks on refinancing deal
Welsh pies and pastries supplier Peter’s is undergoing an emergency multimillion refinancing after falling to a pre-tax loss of £2.6m last year
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NewsWH Smith exceeds expectations with solid third quarter sales
WH Smith’s “profit-focused strategy” seems to be winning more friends in the City than it has on the high street
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NewsCity snapshot: Remy Cointreau upgrades earnings expectations
French spirits group Remy Cointreau has increased its sales and profits targets after posting a 14.1% increase in operating profits last year. Plus, new CFO for Irish agri-services group Origin Enterprises and all the rest of the latest news from the City.
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NewsCity snapshot: Travel sales jump boosts WH Smith in third quarter
An 8% jump in WH Smith’s travel arm has helped its overall group sales rise 4% in the third quarter while gross margin continued to improve. Plus, cold weather and higher fuel prices hit Applegreen’s early 2018 performance, currency inflation boosts profits at Zambeef and all the rest of the latest news from the City.
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NewsHenderson Group hails 8.5% sales rise as 'tremendous'
Henderson Group CFO Ron Whitten heralded the results as “a tremendous performance”
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NewsCity snapshot: Costco third quarter sales miss expectations
Shares in global retail group Costco have slipped in the US despite a 12.1% third quarter sales boost as growth fell short of market expectations. Plus all the rest of the latest news from the City.
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NewsCity snapshot: Asda annual profits drop 13% as investment in price weighs on bottom line
Asda has posted a 13% drop in annual operatings profits as it invested in price and new products to regrow sales. Plus, Supermarket Income REIT has bought the Tesco Extra supermarket in Scunthorpe, plus all the rest of the latest news from the City.
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NewsHeron Foods deal boosts annual earnings at B&M
B&M European Value Retail blew off turmoil on UK high streets as its annual profits jumped 25.4%.
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NewsOrnua Foods bounces back into black with £7.1m profit
The dairy co-op saw total revenue hit £319m for the year to 30 December, up 11.6% on the previous year
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NewsBritvic eyes low sugar opportunities after factory closure dents first half earnings
Robinsons maker Britvic has said an increased focus on low and no sugar brands could work to its advantage after a first half which was impacted by the closure of its Norwich factory.
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NewsDairy Crest to plough £85m into cheese business
Investment will allow Cathedral City owner to increase production capacity and target new export markets
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NewsM&S profits plunge 62% amid store closure costs
Marks and Spencer’s pre-tax profits have plunged by 62.1% to £66.8m for the year, with performance hit by tightening food margins and the cost of store closures.
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NewsExport growth boosts annual sales at Cranswick
Fresh food supplier and producer Cranswick saw sales jump 17% for the year, boosted by strong growth in the export market.
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NewsCity snapshot: Greencore beats expectations despite £18.1m first half loss
Food-to-go manufacturer Greencore has suffered a “challenging” first half of the year, impacted by its struggling US business, but its figures this morning were ahead of analysts’ expectations. Plus, strong exports help boost Cranswick’s annual sales by 17%, Ocado on the rise again and all the rest of the latest news from the City.
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NewsWincanton shows 'robust' growth in profits
Logistics operator signed deals with Ikea and Wilko last year
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NewsTurnover up 19% at premium petfood supplier MPM
Sales have surged a premium petfood manufacturer MPM Products, two years after being purchased by a private equity group
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NewsC&C Group profits slide on Irish market struggles
Magners owner C&C Group’s profits took a tumble last year thanks to competitive pressures, FX challenges and one-off costs in its Irish homeland.
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NewsPremier Foods moves forward debt targets after accelerating sales
Premier Foods has pushed forward its target for paying down its debts by a year, following better than expected growth in 2017-18.