John West makes first loss since 2010 after reversing failed pricing decision October 9, 2024 Canned tuna brand John West has fallen into the red for the first time since 2010 after reversing a failed decision to pass on price rises to its customers. The Liverpool-headquartered business has reported a pre-tax loss of £6.7m for 2023, having reported a profit of £2m in 2022. The last time John West posted [...]
Pasta Evangelists: From ‘pasta le disaster’ to £40m turnover October 9, 2024 After conquering London's pasta takeaway scene, Pasta Evangelists has set its sights on the restaurant industry.
Mcvitie’s white chocolate digestives help boost biscuit giant’s profit by £130m October 8, 2024 The introduction of white chocolate digestives helped boost the owner of biscuit giant Mcvitie’s by almost £130m during its latest financial year. Pladis Foods has reported a pre-tax profit of £131.3m for 2023, up from the £2.8m it posted for 2022. Newly-filed accounts with Companies House also show its revenue increased from £2.54bn to £2.75bn [...]
Cosy Club owner Loungers reports strong growth amid new openings October 8, 2024 Cafe and bar operator Loungers has said it delivered “like for like sales growth” of 4.7 per cent, amid a string of new hospitality openings boosting its portfolio. The Cosy Club, Loungers and Brightside chains owner recorded revenue of £178.3m in the half year to 6 October, up by 19.2 per cent on the previous [...]
Swizzels Matlow: Sales near £100m at Love Hearts maker October 7, 2024 Profit at Swizzels Matlow, the maker of sweets such as Love Hearts and Refreshers, was slashed in half during its latest financial year despite its sales jumping to almost £100m. The Peak District-headquartered business has reported a pre-tax profit of £4.4m for 2023, down from the £8.2m it achieved in 2022. Newly-filed accounts with Companies [...]
Mars bar maker pays huge £600m dividend after UK success October 7, 2024 The UK arm of Mars Wrigley, which makes the likes of Mars bars and Skittles, has paid out a huge dividend of £600m after a bumper financial year. The business, which has UK manufacturing sites in Slough and Plymouth, has significantly upped its dividend for 2023, after also paying out £115m in 2022. The dividend [...]
KP Snacks: Hula Hoops maker defies cyber attack and strikes as profit nears £100m October 3, 2024 Profit surged to almost £100m at KP Snacks, the maker of the likes of Mccoy’s, Hula Hoops and Terrell’s during its latest financial year. The Slough-headquartered business, whose brands also include KP Nuts, Butterkist, Pom-Bear and Popchips, has reported a pre-tax profit of £93.7m for 2023, up from the £64.3m it achieved in 2022. Newly-filed [...]
Mindful Chef: New delivery charge helps slash loss September 26, 2024 Mindful Chef introducing a delivery charge helped to significantly cut its annual loss despite its sales also falling, it has been revealed. The London-headquartered business has reported a pre-tax loss of £1.7m for 2023, after also losing £7.4m in 2022. Newly-filed accounts with Companies House also show that Mindful Chef’s turnover fell from £58.8m to [...]
Lower costs help Co-op return to profit September 25, 2024 The Co-op said this morning that lower costs had helped the company return to profit in the first half of its financial year. Profit before tax grew to £58m in the first half of 2024 from a loss of £33m in the same period last year. The company, which also operates a funeral service, legal services, [...]
Five Guys: Revenue surges by £90m as loss slashed at burger chain September 20, 2024 Sales at the European arm of Five Guys surged by more than £90m as it slashed its loss by over 50 per cent during its latest financial year. The London-headquartered division has reported a revenue of £542.9m for 2023, up from the £452.3m it achieved in 2022. Newly-filed accounts with Companies House also show that [...]