Ocado today (26 June) said first-half profit before tax was "in line" with last year as the group booked a jump in sales. The UK online retailer booked pre-tax profit of GBP0.2m (US$0.3m) on gross sales which were up 12% to GBP332.3m. ...
Tags: Ocado, first-half profit, UK online retailer
Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation. Ebro posted a net profit of EUR110m (US$141.6m) in the ...
Tags: profit rise, Ebro Foods, acquisition, food industry
UK retailer Nisa has booked an increase in full-year profit driven by cost savings, the signing of a distribution deal and development of the retailer's symbol operations. Nisa reported a profit before tax of GBP3.8m (US$5.9m) in the ...
Shares in UK meat processor Cranswick were up this morning (26 November) after the company said talks to secure price increases to offset higher costs were "progressing well". An increase in feed costs and upcoming EU legislation on ...
Tags: meat processor, feed costs, animal welfare
Irish food manufacturer Kerry Group has booked a decline in first-half profits. In the six months to the end of June, profits after taxation dropped to EUR107.6m (US$132.8m) from EUR144.4m last year. Operating profit declined 23.9% to ...
Tags: Irish food, first-half profits, EPS guidance
The UK's largest cash and carry wholesaler Booker Group has posted a 13% rise in first-half profits, beating market expectations and prompting shares in the group to jump in morning trade today (18 October). In its half-year earnings ...
Tags: first-half profits, market expectations, full-year profit
UK frozen food retailer Iceland Foods has reported a 14% increase in full-year profits as it reported a solid increase in sales despite fierce competition. Iceland booked net profit before tax of GBP147.5m (US$229.8m) for the 53 weeks to ...
Tags: UK, frozen food, Iceland Foods
South African poultry group Astral Foods has booked a 23% drop in full-year earnings on higher grain prices and greater competition from European and South American poultry importers. Net income fell to ZAR392m (US$38m) in the year to end ...
Tags: Astral Foods, drop, earnings, corn costs
Tata Motors has reported revenues of INR433.24bn ($7.7bn) for the first quarter ended June 30, 2012, an increase of 30.1%, compared to INR332.89bn ($5.97bn) for the same period in 2011. The consolidated profit before exceptional item and ...
Tags: Tata, Q1, revenues up
Burberry Group plc announces retail sales for the second quarter to date. Against strong comparatives last year, retail sales growth at constant exchange rates was 6% in the 10 weeks to 8 September 2012. Of this, new space contributed 6% ...
Dairy Crest has reported a"continuing difficult trading environment",particularly for its Dairies Division,for the first half of the financial year(H1).This has led analysts to call for an improvement in its performance in the second half ...
Tags: Dairy Crest, Dairies business, Dr Clive Black, Darren Shirley
Lerøy Seafood Group,a Norway-based seafood producer,has reported that its operating income before fair value adjustment of biomass decreased by 68.7%to NOK137.7m(EUR18.8m),compared to NOK440.3m(EUR60.36m)for the same period in 2011. ...
Tags: seafood, net sales, operating profit
Addressing the 39th Annual General Meeting of Gujarat Alkalies and Chemicals Limited (GACL), the Chairman Shri A.K. Joti, IAS announced an all time high sales of Rs.1863 crore, registering a growth of 19.35% in a challenging Financial Year ...
Tags: caustic soda, caustic soda plant
In 2012 Australian retail conditions continued to be difficult. Although the fundamentals of the Australian economy improved with growing GDP, declining interest rates and low levels of unemployment, consumer sentiment remained soft with ...
Tags: retail conditions, fundamentals, growing GDP, consumer sentiment
On 26 April 2012, ASOS plc announced that it had changed its accounting reference date from 31 March to 31 August. Now ASOS plc announces final results for the 5 months ended 31 August 2012. Highlights: Retail sales up 32% (UK retail ...
Tags: ASOS, final results, retail sales, net funds