Keyword » profit

Sugar arm disposal transforms Real Good Food’s performance

Real Good Food has reported a statutory profit before tax of £12.9m for the year ending 31 March 2016.

SSP reports profit leap

SSP, the travel location foodservice brand operator, has reported a 41.5% surge in underlying profit before tax from £16.4m to £23.2m for the six months to 31 March 2016.

Tesco records first quarterly sales growth in three years

Supermarket giant Tesco reported a £162m pre-tax profit for the year to 27 February, its first quarterly sales growth since 2013.

Independent cafés see sales rise, but challenges remain

Brits just cannot get enough caffeine, according to new figures which show 74% of independent café owners increased like-for-like turnover in 2015.

Carr’s Group ekes out profit rise despite fall in revenue

Carr’s Group has reported a small 0.5% rise in operating profit to £9.6m for the six months ended 27 February 2016, despite a 9.4% plunge in revenue to £189.1m.

Boparan enjoys positive Q2 results

Boparan Holdings, the company behind 2 Sisters Food Group, has reported a rise in underlying sales and improved profitability for its second quarter.

Tate & Lyle on track for forecast profit

Tate & Lyle, the bakery ingredients supplier, said it expected full-year reported adjusted pre-tax profit to be "modestly below" last year’s full-year figures.

Real Good Food’s share price falls 20%

Food ingredients and bakery supplier Real Good Food (RGF) saw share prices drop 20% after it warned that profits for the year would not hit market expectations.

Real Good Food warns it will miss profit expectations

Real Good Food (RGF), the food ingredients and bakery supplier, has warned profits for the year ended 31 March will not hit market expectations.

Pukka Pies sales up but profits down

Independent pie manufacturer, Pukka Pies, has reported a “satisfactory year”, with a pre-tax profit of £4.3 million in the year to 25 May. 

Piero Scacco, director at Montana Bakery
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Montana Bakery suffers profit drop

Montana Bakery, the artisan wholesale bakery, has reported a slump in operating profit from £1.3m to £1.2m for the 12 months to 28 March 2015.

Andy Underwood and Alastair Macphie, managing director and chairman at Macphie
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Macphie doubles profit in bullish year

Macphie, the Scottish-based bakery and food ingredients manufacturer, has seen profits and sales increase off the back of weaker dairy prices.

Double-digit revenue growth for The Bread Factory

The Bread Factory has reported another year of double-digit growth, with revenue up 25% from £36.1m to £45.1m.

SSP reports 3.7% LFL growth

SSP, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 3.7% for the year ended 30 September 2015.

RGF returns to profit

Real Good Food (RGF) has reported a profit before tax of £9.3m for its first half – compared with a loss of £4.7m for the same period last year.

Premier Foods has reported modest growth in its Sweet Treats division
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Premier Foods shows growth in sweet division

St Albans-based Premier Foods has announced slow growth for its Sweet Treats division, with a 0.8% growth from £93.1m to £93.8m for the 26 weeks to 3 October 2015.

Carr’s records healthy profit growth

Unaudited figures show the food division of Carr’s Group has enjoyed a 6.3% rise in profit before tax for the year ended 29 August 2015.

Tate & Lyle has seen adjusted profit before tax rise 28%
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Tate & Lyle sees pre-tax profits jump 28%

Tate & Lyle, the bakery ingredients supplier, saw its adjusted profit before tax increase by 28% this year to £103m.

M&S has posted nearly static LFL food sales
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M&S sees static LFL food sales

High street retail chain Marks & Spencer (M&S) has recorded virtually static like-for-like (LFL) food sales figures, with just 0.2% growth in the 26 weeks ending 26 September.

Barry Callebaut posts profit dip, warns on year ahead

Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).

ABF profits and revenues hit by commodity deflation and currency woes

Revenues and profit fell at Associated British Foods – the parent company of Kingsmill – as it was hurt by commodity deflation and currency difficulties.

Samworth Brothers posts big profit increase

Food manufacturer Samworth Brothers saw pre-tax profit rise 25% last year, according to figures filed at Companies House, up from £33.5m in 2013 to £41.8m in 2014 (year ending 27 December).

Finsbury Food Group
Finsbury posts sales jump
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Finsbury reports strong sales growth

Speciality bakery manufacturer Finsbury Food Group is outperforming profit expectations as its total sales revenue grew to £256.2m in the year to 27 June 2015. 

Patisserie Valerie, bakery, cakes
Patisserie Valerie has seen financial growth in the past six months
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Ebitda up 23% at Patisserie Holdings

Underlying profit increased by 23.1% to £8.7m at Patisserie Holdings in the six months to 31 March 2015.

Marks & Spencer
Marks & Spencer beats the curve on food sales
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M&S food enjoys ‘excellent’ Q4 sales

Marks & Spencer (M&S) delivered an “excellent” performance on food in its fourth quarter as food sales were up 3.7%. 

Costa Coffee growth continued in H1
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Costa underlying profit up 20.5%

Costa Coffee, the Whitbread-owned chain, saw its first-half underlying profit increase by 20.5% to £52.4m, it revealed today.

Tesco suspends execs over profit error

Tesco has reportedly suspended four executives, after the company overstated its half year profit by an estimated £250m. 

Lees Foods invests £1.7m after year success

Lees Foods has announced it will invest £1.7m in its Coatbridge factory to better production of its snowball and teacake products.

Premier Foods profits welcomed, sales decline a worry

Premier Foods’ hike in first-half profits has been welcomed by a leading City analyst.

Costa sees LFLs and profit growth

It seems the nation’s thirst for coffee shows no signs of abating - as Costa revealed like-for-like sales (LFLs) growth of 5.7% this morning.

Morrisons to restructure following pre-tax loss

Morrisons has launched a major restructure of its business after announcing a loss for the year to February 2014.

ABF: sugar prices to hurt profits

Associated British Foods (ABF) – the company behind Kingsmill – has revealed that lowering sugar prices would impact its profits in the year ahead.

Pieminister posts profit boost in annual figures

Bristol firm Pieminister revealed an increase in underlying profit of almost 40% in its annual accounts, filed at Companies House.

Tate & Lyle secures £3.1bn sales for 2011/12

Global ingredients firm Tate & Lyle has reported a 14% growth in sales to almost £3.1bn in its full-year results.

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