Results – Page 97
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NewsAldi to launch online offer as annual profits slide
Profits at Aldi have fallen as the discounter invested heavily in price and stores to stay ahead of its bigger rivals and grow sales to £6.89bn
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NewsWine and beer producer Chapel Down Group grows profits 31%
Kent wine and beer producer Chapel Down Group grew sales by a third in the first half of 2015
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NewsQuorn profit rockets as first bids for business are expected
Quorn has seen pre-tax profit surge almost 50% to £26m as appetite for the meat substitute continues to grow
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NewsLactalis Nestlé joint venture makes loss
The yoghurt-focused joint venture between Lactalis and Nestlé has slipped into the red in the UK…
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NewsReal Good Food's shares drop on early year revenue fall
Real Good Food’s share price dropped by 3.8% to its lowest level since mid July after updating the market on its falling early year like-for-like sales this morning.
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NewsDiageo volumes improve but volatile currency markets bite
Shares in drinks giant Diageo have risen as CEO Ivan Menezes reassured the market of the group’s impending recovery. The boost to the stock came despite Menezes warning operating profits would take a £150m hit because of volatile currency markets.
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NewsGeneral Mills improves profits despite sales slip
Profits at General Mills leapt 23.6% to $426.6m in its first quarter despite overall revenues slipping slightly as the US food group improved pricing and focused on margin expansion efforts.
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NewsIrn-Bru maker’s stock plummets as sales disappoint
Shares at AG Barr have slid 5.4% so far today to a 35-month low after disappointing sales in the first half hit by mixed British weather and price deflation in the soft drink market. Analysts trimmed their full-year forecasts for the Irn-Bru owner but expected growth to return in the long term.
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NewsThemed cakes and M&A boosts Finsbury sales
Sales at Finsbury Food Group have increased 45.8% to £256.2m thanks to major acquisitions and the success of themed cakes based on Disney films, such as Frozen, and other animated characters.
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NewsPureCircle sets sight on LSE main market as sales rise
PureCircle revealed its intention to move from the junior market of the London Stock Exchange to the main market as the ongoing war on sugar helped fuel a rise in sales at the stevia producer.
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NewsAnalysts react as AB InBev makes approach for SABMiller
There is no doubt what the biggest corporate story of the week was after AB InBev finally showed its hand on SABMiller
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Analysis & FeaturesThe OC&C Top 150 index 2015
Sales and profit growth has slumped, the latest OC&C Index for The Grocer reveals, but own label is finding its way
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NewsNatural Balance says healthy eating trend behind sales boom
Newly acquired Natural Balance Foods saw a 67% sales jump in the year before its buyout…
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NewsOcado ‘not worried’ by Amazon Fresh as sales beat forecasts
Ocado has declared itself unworried by the looming threat of Amazon Fresh after topping analysts’ sales expectations in the third quarter
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NewsPoundworld hails ‘landmark progress’ in record year
Discount chain Poundworld has increased operating profits by almost 130% to £14.6m thanks to a record year of trading as sales jump £77m to £422.3m.
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NewsApplegreen’s revenues boosted by rising food sales
Newly listed Irish forecourt operator Applegreen saw revenues rise by 16% in its first interim results as a listed company, boosted by a 9% rise in like-for-like non-fuel sales.
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NewsMondelez looks to grow healthier snacking options
Cadbury owner Mondelez has told investors it plans to shift its focus towards healthier snacks and target more affluent consumers.
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NewsWaitrose carves out strong position in tough price war
In the current grocery market, any gain is a positive
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NewsMorrisons launches six-point turnaround plan in wake of store closures and profits slump
Morrisons CEO David Potts has revealed a six-point turnaround plan after reporting a 47.2% fall in half year profits
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NewsHilton Food Group hints at more expansion after solid results
Meat packing firm Hilton Food Group has not ruled out further expansion in both the UK and Australia