Results – Page 96
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News
Coca-Cola Life hits £26.5m in UK sales in its first year
The line was launched in September 2014 as a lower-sugar alternative to regular Coke
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Lactalis McLelland blames tough trading for profit fall
Dairy processor Lactalis McLelland reported a pre-tax loss of £3.83m for the year to 31 December 2014, as it battled a “difficult trading environment” for dairy products.
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News
Wellness Foods makes healthy profits after brand sell off
Wellness Foods has generated profits of more than £50m and cleared its large debts thanks to the sales of the Rowse Honey and Dorset Cereals brands.
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Analysis & Features
Asda profits escape property writedown carnage
Asda has pushed profits past £1bn as it managed to avoid the massive one-off costs on writedowns that have blighted rivals
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Asda profits hit £1bn despite shrinking sales
Asda has pushed profits past the £1bn mark - despite sales falling 0.4% to £23.2bn and market share dipping - thanks to its low-cost operating model.
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John West profits leap as tuna sustainability faces scrutiny
John West revealed a big jump in profits this week, as it faced fire for “trashing the oceans for cheap tuna”
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Potato metal contamination scare could cost Produce Investments up to £1.5m
The company said current estimates put the financial impact between £300,000 and £1.5 million
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Tesco results – what the analysts say
Tesco today announced a sharp drop in first-half profits but also revealed a recovery in volumes. Here is what leading City and retail analysts had to say about the results
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SABMiller reports “strong growth” amid bid rejection reports
SABMiller has issued a first half trading update today detailing its continuing growth in South America and Africa as media reports suggests AB InBev’s initial offer has been rebuffed.
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Menu revamp helps drive Greggs’ third quarter sales up 4.9%
Like for like sales for the first three quarters are now 5.6% up year-on-year
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Aston Manor sales lose fizz as UK cider market declines
A declining UK cider market has taken the fizz out of sales at Frosty Jack manufacturer Aston Manor, but MD Gordon Johncox said the company was better placed than any other cider maker to continue to grow and develop the category.
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Westons grabs more market share as sales and profits rise
Sales at Westons Cider have hit record levels as the group behind the Stowford Press, Henry Westons and Old Rosie brands grabbed more UK market share.
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Tata sees 9% slump in sales as Brits turn away from black tea
Tata Global Beverages GB suffered a 9% sales slump last year as it battled falling consumption of black tea in the UK
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Chaucer secures backing from Caird to expand US business
Ingredients group’s journey in the US boosted by private equity backing from Caird Capital
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Noon Products investment sees profit fall by more than 30%
Investment in growth and development caused the 30% fall in profits at Asian cuisine specialist Noon Products
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Analysis & Features
Sainsbury’s surprise signals substance to big four’s ‘green shoots’
The JS news sparked a frenzy of activity from analysts
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News
Sainsbury's results: what the analysts say
Industry commentary after Sainsbury’s positive results this morning
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Sainsbury’s shares soar on profit upgrade
Sainsbury’s shares have risen by more than 13% in early trading this morning after upgrading its full-year profit forecast.
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News
Itsu benefits from UK low-fat food revolution
Itsu has “aggressive” plans for expansion after increasing revenues more than 20% to £67.9m thanks to consumer demand for healthy food on the go.
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Browns Food Group to increase exports with bank support
Scottish food group Browns has agreed a £20m funding package to support ongoing growth and investment as it increases sales 4.4% to £151.7m.