£4.5bn black market cigarette tax loss should be ‘a major wake-up call’ for Labour Tax Over half of cigarettes smoked in the UK are black market and are contributing £4.5bn to the country’s tax losses – a record high – according to new analysis from KPMG and tobacco giant Philip Morris. The findings show that 1.5bn more black-market, tax-free cigarettes were consumed by UK smokers last year compared to 2024, [...]
REPLY: The Board of Directors Approves the Quarterly Report Dated 31 March 2026 Business Wire All economic and financial indicators grew: Consolidated revenues of €645.0 million (€607.5 million in 2025); EBITDA of €112.0 million (€105.3 million in 2025); EBIT of €95.1 million (€88.7 million in 2025); Profit before tax amounts to €99.8 million (€86.9 million in 2025).
Mr Kipling’s ‘biggest ever year’ bakes in sweet-looking profit at Premier Foods Business The owner of some of the UK’s best loved and most famous food brands hailed standout performer Mr Kipling, on Thursday which helped Premier Foods eat City profit forecasts for lunch. Mr Kipling – the brand behind the “exceedingly good cakes” tagline, in use continually since 1967, when the range made its debut – had its [...]
De’ Longhi Group – 6.6% Growth at Constant Exchange Rates and Accelerated Net Profit: Solid Results Fully Support Guidance May 12, 2026 The Group closed another quarter with robust organic growth, driven by the excellent expansion of the professional division, with turnover growing significantly and representing 18% of the Group's total for the period, and by the positive performance of the household
ASOS shares soar as it offloads Lichfield warehouse to M&S in £66m deal May 11, 2026 Retail giant ASOS agreed to sell one of its stock warehouses to Marks and Spencer for £66m in the latest sign of its efforts to save money on rent and improve its financial position. The fashion retailer said the sale of the Lichfield fulfilment centre, which is expected to close by the second half of [...]
Iran war costs Next £47m and may drive up prices May 6, 2026 Retail giant Next has said the ongoing disruption caused by the Iran War has hit it with a £47m increase in costs from climbing energy and transport prices. The FTSE 100 retail and homeware company said that the £27m increase, a sharp rise from it’s previous forecast of £15m, relates mainly to spikes in energy [...]
Fluidra Delivers a Good Start to 2026, Consistent With Full-year Expectations May 6, 2026 Sales up 5% at constant currency to €564 million, with growth across all regions driven by volume and price Net profit up 6.4% at constant currency to €46 million Fluidra maintains full-year guidance while monitoring dynamic trading environment
Lone Star Funds Completes Sale of novobanco to BPCE April 30, 2026 Nani Holdings S.à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced it has successfully completed the sale of its majority stake in Novo Banco, S.A. (“novobanco” or “the bank”), Portugal’s fourth-largest bank, to BPCE, a leading European banking institution. Pursuant to the purchase price mechanism agreed to in the June 2025 Memorandum [...]
Chiesi Reports Strong FY2025 Financial and Sustainability Results and Announces Leadership Transition Highlights April 23, 2026 Strong FY2025 financial and sustainability results; leadership transition will support continuity and long-term growth Revenue up 8.2% to €3.6bn with double-digit growth in Rare Diseases and U.S. market Air sales at €1.886bn, growing 3.9% vs. 2024 - Care sales at €904m growing 13.3% vs. 2024 - Rare sales at €906m, growing 22.3% vs. 2024 Giuseppe Accogli leaving to pursue another opportunity, Group CFO Jean-Marc Bellemin named Interim CEO while new CEO search is underway Record €885m Research & Development (R&D) investment underscores continued commitment to innovation across respiratory, rare disease and specialty care Sustainability leadership further strengthened through B Corp recertification and progress on Carbon Minimal Inhaler (CMI) innovation
TITAN Group: Full Year Results 2025 March 19, 2026 Very strong performance delivers another record year