Results – Page 98
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News
Karro Food Group returns to profitability
Karro Food Group has returned to profitability in its second year of trading as an independent business after years of annual losses.
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News
Pick Your Own ‘not hitting profits’, says Waitrose CEO
Mark Price has insisted the scheme is boosting sales and margins have not declined
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Analysis & Features
Morrisons results and M Local sale: what the analysts say
Industry commentators are passing verdict on the latest Morrisons results, as well as the sale of their M Local business
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News
Waitrose profits hit as property woes blight JLP
Waitrose has seen its profits fall again as ‘turmoil’ in the grocery market and a loss of property profits hits
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News
Palmer & Harvey grows sales but makes net loss from Costcutter 'teething problems'
P&H said that it, along with Costcutter, invested heavily in unplanned net start-up costs amounting to £15.2m
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News
McBride returns to annual profit despite 5.4% sales dip
McBride, the provider of private label household products to major retailers, has vowed to focus on “manufacturing excellence”
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News
Currencies and sugar woes hit ABF’s full-year trading
Associated British Foods hasreaffirmed that the impact of currencies and the weak performance of its sugar division will see an overall decline in annual profits.
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News
Absolut drives spirited Pernod Ricard performance in UK
Absolut vodka - the brand responsible for a €404m write-down in Pernod Ricard’s annual results - has driven a strong performance by the business in the UK.
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News
McColl's points to premium store "outperformance" despite sales dip
McColl’s strategy of concentrating on premium convenience stores has been vindicated, according to chief executive James Lancaster, despite a 2.3% fall in third quarter like-for-like sales.
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News
Strong food performance puts The Co-op back in the black
A “robust” trading performance from the food business has put The Co-operative Group back in the black, the business announced this morning
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News
Arla’s first half revenues drop 3.8% as milk prices plunge
Arla Foods saw overall revenues drop 3.8% in the first six months of the year as declining global milk prices hit the dairy industry.
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News
Booming Urban East sales boost buoyant Adelie
The booming food-to-go sector has helped drive annual revenues up 14.9% at HIG Capital-owned Adelie Food Group
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News
Pernod Ricard suffers €404m Absolut write-down
Pernod Ricard undershot industry performance expectations for the 2014/15 financial year after the drinks company decided to book an impairment charge of €404m on its biggest brand, Absolut
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News
Stock Spirits aims to treble UK revenues
European drinks group Stock Spirits has set its sights on trebling sales in the UK over the next two years after trading difficulties in Poland led to sales and profits plunging in its first half.
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Analysis & Features
Can Andy Clarke deliver recovery with Asda backs to the wall?
Clarke promises turnaround after worst performance in its history
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News
WH Smith shrugs off VAT row to upgrade earnings forecast
WH Smith has shrugged off the ongoing row about allegations that retailers are pocketing VAT savings
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News
WH Smith ignores VAT furore as it beats profit forecasts
Shares in WH Smith fell 1.3% today after the retailer avoided any mention of the ongoing row over alleged pocketing of VAT savings at airports.
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News
Glanbia profits report double-digit growth
Nutrition group’s pre-tax profit before exceptionals up 23.5% to €125.5m (£89.1m)
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News
Carlsberg's reported profits tumble 12% amid warning
The brewer’s beer volumes sold in Eastern Europe fell by 18%, which resulted in a 5% fall worldwide
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Analysis & Features
Clarke relies on green shoots as Asda reaches ‘nadir’
Andy Clarke today confidently declared that the worst was now over for Asda