Results – Page 70
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NewsCity snapshot: British American Tobacco hails 'exceptionally good' full-year results
British American Tobacco has reported “an exceptionally good performance” in 2016 as it grew revenues, underlying profits and outperformed the industry on tobacco volumes. Plus full-year results from Henkel, Unilever pledges to boost earnings and all the rest of the latest news from the City.
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NewsBranded growth boosts profits at Arla
Global dairy giant Arla has boosted its bottom line through higher sales of branded goods despite the slump in milk prices hitting annual sales.
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NewsPark Garage Group profits slump after 'major' investment
Group expects a 46% increase in turnover from its car valeting service after installing new equipment
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NewsSymington's sees £6m loss as cooking sauce brands struggle
A raft of delistings for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsCity snapshot: Symington’s slumps to £6.1m annual loss
Symington’s has slumped to a loss as a raft of delisting for the Chicken Tonight and Ragu brands led the ambient food manufacturer to restructure the group
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NewsKraft Heinz promotional activity hurts European sales
Sales slumped 3.7% to $6.9bn (£5.5bn) at Kraft Heinz in the fourth quarter, partly driven by increased promotional support in the UK.
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NewsPepsiCo strength at home adds fizz to Q4 sales
PepsiCo boosted sales 5% in its fourth quarter to $19.5bn thanks to steady demand in its domestic US market and a 53rd week in the financial year.
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NewsTyrrells sales boom as it plans global growth with new owner
Overall turnover, net of discounts and promotional costs, leapt by 25% to £61.6m
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NewsKellogg profits grow faster than expected but UK drags on group sales
US food group Kellogg has beaten profit expectations in the fourth quarter despite revenues falling for the eighth reporting period in a row, with conditions particularly difficult in the UK.
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NewsCity snapshot: Dairy Crest warns cost inflation will hit net debt
Dairy Crest (DCG) has grown volumes in its key brands in the first nine months of the year, but has warned over the impact of rising input prices. Plus Tate & Lyle has upgraded earnings expectations after a strong third quarter, Pernod Ricard grows underlying sales and all the rest of this morning’s news from the City.
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NewsCity snapshot: Cost-cutting helps boost earnings for Carlsberg
Carlsberg has posted full-year organic operating profit growth of 5% despite a fall in sales volumes as the early benefits from its cost-cutting programme boosted earnings
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NewsSayers reports sales decline amid 'challenging year'
North West bakery chain Sayers slipped to a loss last year after it said Brexit had shaken consumer confidence
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NewsLoss of Sainsbury's salmon strips £90m from Young's sales
Young’s Seafood annual sales dropped by almost £90m in the year to 30 September 2016
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NewsCranswick posts improved revenues despite rising pig prices
Q3 trading update reveals performance in line with board’s expectations as a result of strong export and Christmas sales
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NewsDhamecha posts strong sales and profit growth
Sales at the Today’s Group wholesaler are up 2.1% to £668m for the year ending 31 March 2016
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NewsGreencore posts double-digit festive sales jump amid booming convenience sales
Greencore’s sales jumped 17.1% in the 13 weeks to 30 December as US expansion and continued growth of its food-to-go business boosted sales.
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NewsCity snapshot: Profits up at Ocado but international expansion remains elusive
Ocado has posted a 21.8% jump in annual pre-tax profits before exceptional items, but has given no update on its long-awaited international expansion efforts. Plus all the rest of this morning’s news from the City
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NewsCity snapshot: First half revenues treble at Conviviality after Matthew Clark buyout
Bargain Booze owner Convivality (CVR) has posted a 211% jump in first half revenues after its transformative acquisition of Matthew Clark. Plus Us Customs gives PureCircle the green light on held shipment and all the rest of this morning’s news from the City.
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NewsUnilever's shares fall despite underlying sales growth
Marmitegate may have grabbed the headlines in the UK last year, but Unilever has bigger problems
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NewsAunt Bessie's and Abel & Cole owner posts 14.2% sales rise
Profits at William Jackson were hit however by £4m of restructuring costs