Caterpillar: Price rises help profit pass £100m at UK arm September 20, 2024 Profit at the UK arm of Caterpillar has jumped past £100m after its international sales surged during its latest financial year. The Leicestershire-headquartered division has posted a pre-tax profit of £102.2m for 2023, up from the £74.4m it achieved in 2022. Newly-filed accounts with Companies House also show that its turnover rose from £1.33bn to [...]
Zoopla: Property portal returns to the black after cutting almost 100 jobs September 20, 2024 Online property portal Zoopla returned to profit during its latest financial year as its sales passed the £90m mark. Newly-filed accounts with Companies House have revealed that the business swung to a pre-tax profit of £18.7m in 2023, having reported a pre-tax loss of £6.2m in the prior 12 months. The results also show that [...]
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 [...]
American Golf hails sales success as it bids to return to profit September 20, 2024 American Golf has enjoyed an upswing in its market share since the start of its new financial year and added almost £1.5m in extra sales. The Warrington-headquartered retailer, which is backed by private equity firm Endless, has revealed its like-for-like sales rose by £1.4m to £80.6m in the period from February to August 2024. American Golf [...]
Viking River Cruises: Record UK profit as sales recover to pre-Covid level September 20, 2024 The UK arm of Viking River Cruises has achieved its highest revenue figure since the Covid-19 pandemic while its profit hit a new record. The London-headquartered division has reported a revenue of £119.9m for 2023, up from the £94m it achieved in 2022, according to newly-filed accounts with Companies House. The last time Viking River [...]
Quorn: Meat-free food brand loses more than £60m as supermarket sales slashed September 19, 2024 The company behind meat-free food brand Quorn lost more than £60m during its latest financial year as its sales in UK and US supermarkets continued to decline. The North Yorkshire-headquartered Marlow Foods has posted a pre-tax loss of £63.4m for 2023, having also made a loss of £15.4m in 2022. The last time the Quorn [...]
Fentimans in the red after poor summer weather flattens drinks brand September 19, 2024 Soft drinks and tonic water brand Fentimans fell into the red during its latest financial year after bad summer weather and the cost-of-living crisis impacted its sales. The Northumberland-based business has reported a pre-tax loss of £655,708 for 2023, according to newly-filed accounts with Companies House. The loss comes after Fentimans posted a pre-tax profit [...]
Secret Escapes: Post-pandemic demand helps significantly cut loss September 19, 2024 A surge in post-pandemic demand helped sales at jump by more than £60m at Secret Escapes in a move that helped to significantly cut its pre-tax loss. The London-headquartered group has reported a revenue of £170m for 2023, up from the £108m it posted for 2022. Newly-filed accounts with Companies House have also revealed that [...]
Lavazza: UK sales at Italian coffee brand pass £100m for the first time September 19, 2024 Sales at the UK arm of coffee brand Lavazza have jumped past the £100m mark for the first time, it has been revealed. The Uxbridge-headquartered division’s turnover totalled £102.3m for 2023, newly-filed accounts with Companies House show. The new figure comes after Lavazza reported a turnover of £92.5m for 2022. The results also reveal that [...]
Lego keeps building success in the UK despite ‘declining toy market’ September 19, 2024 Lego has continued to build on its recent success as its UK sales and profit rose for the sixth year in a row in 2023. The Berkshire-headquartered division of the Danish giant has reported a turnover of £449.2m for its latest financial year, up from the £440m it posted for 2022. According to newly-field documents [...]