Results – Page 94
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News
Sainsbury's results: what the analysts say
Sainsbury’s has reported a 17.9% slump in underlying interim pre-tax profit, the worst half-year profit for years
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Carlsberg restructures UK business as group makes Q3 losses
Carlsberg has begun restructuring its UK business in response to its “deteriorating” performance and September’s Tesco delisting
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Sainsbury’s underlying interim profit plunges 18%
Although the worst half-year profit for years, trading was better than the City expected
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Premier Foods share price sweetens as investment in brands pays off
Shares in Premier Foods have this morning rocketed up by 21% after the grocery supplier increased quarterly branded sales
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ABF says worst is over as sugar crash takes toll on profits
ABF boss George Weston is confident its sugar woes are in the past
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Analysis & Features
Morrisons' like-for-like slump brings big four down to earth
Morrisons’ third-quarter trading update on Thursday brought any optimists firmly back to earth
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News
Dairy Crest profits fall as spreads business falters
Dairy Crest has reported a 5% fall in revenues from continuing operations and a 13% fall in pre-tax profits in the first half as the butter and spreads business struggles.
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Morrisons Q3 results: what the analysts say
Following Morrisons’ Q3 update this morning, here’s how leading City and retail analysts rated its performance
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Fever-Tree ups growth forecasts amid booming international sales
Fever-Tree, the supplier of premium carbonated mixes for alcoholic spirits, expects its full-year results to be “materially ahead of board expectations”, it said in an unscheduled trading update today.
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M&S hits three month share price high after first half sales increase
Marks & Spencer has reported a 1.4% rise in first half sales to £5bn, driven by its continued outperformance of the troubled UK grocery sector.
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Kellogg sales and profits hit by strong US dollar
Profits at Kellogg Co slumped more than 8% in the third quarter as sales at the US cereal manufacturer missed expectations
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Increased growth brand volumes boost Imperial Tobacco’s profits
A 7% rise in global growth brand volumes helped Imperial Tobacco full year adjusted operating profits grow by 2.4% to more than £3bn.
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Kerry shares slip despite rising volumes
Kerry Group has increased volumes in the third quarter as its ingredients business made strong gains in Asia and the consumer foods division shrugged off challenging conditions.
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Analysis & Features
C&C Group shares plummet after sales & profits slump
Shares in C&C Group were in freefall after the Bulmers maker revealed difficult trading conditions had dented its sales
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News
Jack Fulton and Fultons Foods suffer 50% fall in profits
Frozen Value, which trades as Jack Fulton and Fultons Foods, saw pre-tax profits plunge in 2014
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Analysis & Features
2 Sisters to put £150m into poultry efficiencies
2 Sisters has pledged to invest £150m in its poultry business in a bid to drive efficiencies as it moves from a period of aggressive acquisition-driven expansion to consolidation.
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Walgreens Boots snaps up US rival as sales and profits rise
Walgreens Boots Alliance has agreed a $17.2bn (£11.2bn) takeover of US rival Rite Aid. It comes as the global pharmacy and health giant filed big jumps in sales and profits for the past year thanks to last year’s mega-merger.
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Emerging markets drive organic growth at Mondelez
Cadbury owner Mondelez International reported a 3.7% boost to third quarter organic net revenues thanks to strong organic growth in emerging markets.
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British American Tobacco on track for “good year”
British American Tobacco said it is overcoming currency headwinds to be on track to deliver a “good year of earnings” in its third quarter update this morning.
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Pizza Express hits £100m of retail sales
Pizza Express has surpassed £100m of brand retail sales for the first time as overall full-year group revenues rose 9.5%.