Profit

Estée Lauder Expects Bigger Drop In Profit On Higher Costs, Slow China Recovery

Estée Lauder Cos Inc has forecast a bigger drop in full-year profit as slow recovery in major market China and higher costs pose risks.

Bonduelle Sees Revenue Growth In First Half On Higher Prices

Prepared-vegetable firm Bonduelle Group has posted a 6.1% increase in revenue on a like-for-like basis to €1.3 million in the first half of its financ...

Axfood Posts Retail Sales Growth Of 11.9% In FY 2022

Axfood said that it grew more than twice as much as the market in the fourth quarter and full year 2022, strengthening its market position.

McCormick & Company Posts 3% Sales Growth In FY 2022

Spice maker McCormick & Company has posted sales growth of 3% in constant currency in its financial year ended 30 November 2022.

Walmart To Raise Wages For US Hourly Workers

Walmart Inc will raise the average hourly wage for its US workers next month to more than $17.50.

Bakkavor Posts Growth In Line With Expectations In FY 2022

Fresh prepared food maker Bakkavor has reported 10.6% growth in like-for-like revenue in its financial year 2022, driven by price in the UK and volume grow...

Vimto Maker Nichols Plc Sees Revenue Up 14% In FY 2022

Soft drinks group Nichols plc has reported a 14% increase in revenue to £164.9 million (€186.2 million) in its full financial year, with its sec...

Poland's Allegro Posts Higher Profit On Return To Growth At Home

Poland's biggest e-commerce platform Allegro reported a rise in third-quarter core profit, driven by recovery in its home market and smaller losses at Mall...