Results – Page 59
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NewsCarlsberg drinks to cost cutting as it raises profits forecasts
The Danish brewer said in a third quarter trading update that its ‘Funding the Journey’ programme was progressing well and total benefits would be about DKK 2bn (£236m).
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NewsHarrogate thirsty to boost retail listings as sales rise 21%
Harrogate Water Brands is eyeing more supermarket listings after posting another year of stellar annual sales…
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Analysis & FeaturesMorrisons third quarter sales: what the analysts say
Group like-for-like sales including fuel increased 3.4% in the period, with total sales for the quarter, excluding fuel, up 2.3%
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NewsKellogg boosts sales for first time two years
Cereal and snacking giant Kellogg has increased sales for the first time in more than two years as its cost-cutting strategy and expansion into healthier foods showed signs of beginning to work.
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NewsCity snapshot: Mondelez beats expectations with solid third quarter
Shares in Cadbury owner Mondelez jumped 4.3% in after hours trading after the global snack group reported a stronger than expected third quarter. Plus, UK consumer confidence shrinks in October, FTSE falls on interest rate rise expectation and all the rest of the latest news from the City.
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NewsConnect Group to cut 340 jobs in face of falling sales
The cuts represent 6% of the firm’s 5,666-strong workforce, with the layoffs coming across its combined business in 2018
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NewsCity News: AB InBev merger synergies compensate for underperformance
The world’s biggest brewer AB InBev produced mixed third quarter results on Thursday…
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NewsAB InBev reports 'continued double-digit top-line growth' in UK
The brewer’s EBITDA grew 13.8%, driven by revenue growth and “continued synergy capture” in Q3…
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NewsMPK Garages plans acquisitions despite transaction cost hit
Turnover for the year to 28 February was up 11% to £64m
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NewsCity snapshot: Costa Coffee first half UK sales climb 9.1% but profits slide
Costa Coffee grew revenues by 9.1% in the first half to £622m but significant increases in labour costs, business rates and foreign exchange impacts on coffee imports hit profits. Plus, first quarter revenues slide at McBride, first half volumes up at Distil and all the rest of the latest news from the City
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NewsNew profits warning from Real Good Food
Real Good Food has warned it is likely to post a loss in the current financial year commodity price increases and labour costs have hit earnings.
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NewsP&G reports sluggish growth in first quarter
Procter & Gamble got off to a slow start in its new financial year as sales came in below expectations as sluggish growth continued to plague global consumer goods giants.
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NewsQuorn capitalises on meat-free popularity with revenue jump
Quorn is back in double-digit growth as demand for meat-free alternatives continues to boom in the UK and overseas…
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NewsHarrods sales pass £2bn as tourists make most of weak pound
Harrods expects capital expenditure to continue to increase over the coming years
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NewsReckitt Benckiser restructures as sales decline again
Reckitt Benckiser revealed today it was restructuring the group into two distinct divisions as consumer healthcare and hygiene giant trimmed its full-year forecasts again as trading continued to be challenging.
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NewsBurton's mulls Fox's tie-up as sales plunge
With a long-mooted tie-up with Fox’s Biscuits in an IPO reportedly back on the cards, newly filed accounts for Burton’s Biscuits show sales and underlying profitability has fallen once again.
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NewsBakkavor profits up 8.1% as it heads towards November float
Underlying profits in the first half of 2017 jumped 8.1% to £77.7m
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NewsTyrrells profits sank 45% in Amplify Snack Brands sale period
Profits at snack brand Tyrrells almost halved in the period of its £300m sale to Amplify Snack Brands
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NewsLoss of major customer hits Cott revenues
Cott Beverages’ revenues tumbled as it battled a declining UK fizzy drinks market and lost a private-label contract
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NewsCostcutter owner Bibby Line Group plunges to £66m pre-tax loss
Costcutter owner Bibby Line Group has plunged from an annual profit of £30m to a pre-tax loss of £66m amid turmoil in its oil and gas-focussed offshore division.