Results – Page 76
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News
Procter & Gamble cautions on direct-to-consumer prospects
Direct selling is an important opportunity but won’t reach mass scale, CFO Jon Moeller has said
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Tesco regains share as Aldi and Lidl growth slows
Tesco is beginning to claw back ground from the discounters as its recovery coincides with some of the worst growth figures of the price war era for Aldi and Lidl
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News
Nestlé warns over price rises as global growth stalls
Nestlé’s chief exec Paul Bulcke has warned UK price rises could be on the way after what analysts dubbed a ““disappointing” third quarter update.
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News
Müller makes cost savings a major focus as losses reach £106m
Revenues fell 4.2% to £1.34bn in the year to 31 December 2015
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News
Cott and Refresco's UK sales drop as soft drinks face squeeze
Cott’s UK sales fell 7.8% to £266m in the year to 2 January 2015
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Hotel Chocolat CEO dismisses need for 'knee-jerk' price rises
Hotel Chocolat CEO Angus Thirlwell has pledged not to instigate ’knee-jerk’ price rises to cope with rising input costs after the post-Brexit plunge in the pound.
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City snapshot: Hotel Chocolat’s debut annual results show sales and profits growth
Hotel Chocolat has announced a 12% sales boost and a big jump in profitability in its first annual results as a listed company
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News
Profits rise at Asda-owned IPL as it secures lowers prices
Asda’s direct sourcing arm International Procurement and Logistics saw a near 23% jump in pre-tax profits last year as it made procurement savings for the WalMart-owned supermarket.
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Analysis & Features
Premier Foods boss back under pressure as sales slump
The September sunshine was blamed for plummeting gravy sales at the Bisto and Oxo supplier
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Kellogg's cereal sales flag as consumers seek alternatives
Turnover at the sales and marketing arm of Kellogg’s fell almost £10m to £795.2m in the year to 2 January 2016
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Weetabix faces tough trading as private label sales plummet
Globally, Weetabix’s sales slipped 1.3% to £432.8m in the year to 2 January 2016
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City snapshot: Burton's looks to counter 9% annual sales slide
Wagon Wheels manufacturer Burton’s Biscuits undertook a radical shake-up of its business after another year of declining sales, while Unilever and Tesco solve Marmite spat …
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News
Chaucer Food's double-digit growth boosts US expansion plans
Chaucer Food Group has reported double-digit jumps in sales and underlying profits as it gets closer to securing about $70m of new investment in the US.
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Burton's Biscuits shakeup to address a further decline in sales
Burton’s is under new leadership and has shed its Cadbury biscuits licence as sales fell from £315.4m in 2014 to £287.4m in the year to 3 January 2015.
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News
City Snaphot: BRC/KPMG record best quarter for food retail since 2013
Total food sales rose 1.6% in the three months to 1 October, according to the September BRC/KPMG Retail Sales Monitor …
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Analysis & Features
New launches drive UK sales and profits improvements at Lindt & Sprüngli
Swiss chocolate giant Lindt & Sprüngli recorded double-digit sales and profit growth in the UK last year thanks to “significant” growth of its Lindor and Excellence product lines.
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Analysis & Features
Could Tesco's pension deficit derail its impressive recovery?
Tesco revealed its pension deficit ballooned an eye-watering £3.2bn to £5.9bn in the first half, but what does it mean for the turnaround at the supermarket?
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News
Mars Chocolate back in growth despite top brands' struggles
Mars Chocolate UK returned to top line growth last year as total sales grew 2.9% despite pressure on some of its key brands. Plus globally, Mars merges Wrigley with its chocolate business.
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News
Netto loss hit £40m in year before JS and Dansk decided to pull plug
Annual pre-tax losses reached almost £40m at Netto in the financial year before Sainsbury’s and Dansk pulled the plug
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Analysis & Features
Tesco results: what the analysts say
Analysts full of praise for CEO Dave Lewis as “the tanker is turned around”