All Financial Results articles
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News
Trump tariffs ‘shouldn’t dampen prospects’ for sparkling wine, Chapel Down boss says
Chapel Down hopes to win 1% share of global champagne by 2035
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Co-op profits quadruple but business warns of stiff winds ahead
Its profit growth was led by strong improvements in food and life services
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Chapel Down pledges ‘return to full profitability’ in 2025
It had been ‘a tougher year’ for the supplier but things were looking up, chairman Martin Glenn insisted
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Greencore hikes earnings forecast amid latest Bakkavor buyout attempt
Greencore’s share price was up 5% following the announcement
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City snapshot: Pets at Home warns of profit drop next year
Pets at Home’s share price is down over 20% since it warned of a ‘unusually subdued’ pet retail market in November. Also, the Artisanal Spirits Company returns to profit
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City snapshot: Naked Wines’ share price rises 16% on new strategy
The online wine retailer is undergoing a transformation under new CEO Rodrigo Maza, having finally begun to stem losses at the end of last year
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Morrisons chief Rami Baitiéh to find £300m extra savings despite Q1 sales rise
The supermarket today revealed group like-for-like sales were up 2.4 % to £4bn in the first quarter, covering the 13-week period ending 26 January
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Virgin Wines to pump £20m into ‘turbocharging’ growth
The company is hoping the strategy will deliver £100m in annual revenue by 2030
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Food business confidence crashes amid fears over taxation and EPR costs
A bombardment of taxation and regulation has led to a drastic fall in food industry business confidence, according to a damning report released by the FDF
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AG Barr to scrap Strathmore bottled water brand as part of restructure
The discontinuation could lead to the closure of AG Barr’s manufacturing facility in Forfar
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MP Evans notches record profits amid high palm oil prices
Palm oil prices have proven volatile in recent years and are now on the rise again, the company said
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City snapshot: Fever-Tree shares up 5% after profits boost
Fever-Tree’s revenue rose 4% as sales recovered some lost momentum in the second half of the year
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Fever-Tree profits rise as sales recover momentum
Its growth in the second half was primarily led by the US, the brand’s biggest market
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City snapshot: Wetherspoons shares trading at two-year low after profit hit
Its share price fell over 9% after it released half-year results, bringing its total fall to over 11% since the start of the year
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Cranswick raises medium-term profit target amid strong meat demand
Cranswick’s share price hit a record high in September after raising its profit forecast for the year
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Media Bites 20 March: interest rates, budget impacts, Ben & Jerry’s
The Bank of England is expected to keep interest rates on hold at a rate of 4.5% when the Monetary Policy Committee makes its announcement today
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Inspired Pet Nutrition confident after transformative Butcher’s deal despite widening losses
Losses have widened at Inspired Pet Nutrition ahead of the transformative acquisition by the private equity-owned petfood group of Butcher’s Pet Care
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City snapshot: Eagle Eye confident of hitting £100m revenue goal
Eagle Eye is aiming to propel revenues towards £100m following a reset of the business to focus more on its software as a service operation
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Asda’s Allan Leighton axes 6,000 SKUs and warns of major profit drop
Executive chairman Allan Leighton said Asda planned to slash thousands of SKUs
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Deliveroo shares stall despite first-ever profit for food delivery group
Deliveroo’s share price fell by as much as 8% as the group pushing back its earnings target despite making it’s first-ever profit