Barbie blockbuster movie fails to boost sales at Mattel October 8, 2024 The huge success of the Barbie movie in 2023 failed to boost the sales of toy giant Mattel in the UK, it has been revealed. The Berkshire-headquartered division of the US group posted a turnover of £145.5m for the 12 months, down from £162.4m in 2022, according to newly-filed accounts with Companies House. However, its [...]
No showstopper performance for The Great British Bake Off maker October 8, 2024 Turnover and profit at Love Productions, the maker of TV shows including The Great British Bake Off, both fell back during its latest financial year. The business has reported a turnover of £71.7m for 2023, down from the £79.3m it achieved in 2022. Newly-filed accounts with Companies House also show that its pre-tax profit also [...]
Trading 212 continues come down after ‘exponential growth’ October 8, 2024 Profit at Trading 212 continued to decline in 2023 after the investing platform’s “exponential growth” in previous years, it has been revealed. The London-based company has reported a pre-tax profit of £32m for its latest financial year, down from the £40.5m it achieved in 2022. The latest total comes after Trading 212 posted a pre-tax [...]
Honda in the red despite ‘fun’ motorcycles helping to boost European sales by £1bn October 8, 2024 The increasing popularity of ‘fun’ motorcycles helping to boost Honda’s European sales by almost £1bn failed to stop the brand falling into the red during its latest financial year. The Berkshire-headquartered European division achieved a revenue of £4.498bn for the year to 31 March, 2024, up from the £3.523bn it reported for the prior 12 [...]
DPD: How parcel delivery giant is tracking return to growth October 8, 2024 Parcel delivery giant DPD is targeting the expansion of its international services to turn around its falling turnover which has decreased by £100m since the start of 2022. The group, which is owned by France’s La Poste, said it is forecasting a return to sales growth by the end of 2024 after setting its sights [...]
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 [...]
Turnover rise for Kenco maker despite coffee lovers buying less after price rises October 7, 2024 Sales at Jacobs Douse Egberts, whose brands include the likes of Kenco and L’or, increased despite fewer people buying coffee after the group upped its prices. The Maidenhead-headquartered UK division of the Netherlands giant said consumers bought less coffee during its latest financial year because it rose its prices because of “exceptional levels of input [...]
Vauxhall sheds hundreds of jobs as sales accelerate by over £300m October 7, 2024 Vauxhall shed hundreds of jobs in 2023 as its sales accelerated by more than £300m, it has been revealed. The Stellantis-owned brand has reported a turnover of £2.63bn for its latest financial year, up from the £2.29bn it achieved in 2022. Newly-filed accounts with Companies House also show that its pre-tax profit also increased from [...]
Sweet Dreams for bed retailer as sales near milestone October 7, 2024 Sales at bed retailer Dreams increased towards a new milestone as its profit remained steady during its latest financial year. The Buckinghamshire-headquartered chain has reported a turnover of £395.4m for 2023, up from the £387m it achieved in 2022. Newly-filed accounts with Companies House also show its pre-tax profit dipped slightly from £50m to £49.3m [...]
Wedgwood owner slumps to loss despite strong Harrods and Selfridges sales October 7, 2024 The owner of historic fine china and porcelain brand Wedgwood has slumped into the red despite strong sales through Harrods and Selfridges. Fiskars UK, which is based in Stoke-on-Trent, is also behind the Waterford, Royal Doulton and Royal Albert brands. Newly-filed accounts with Companies House have revealed that the business fell to a pre-tax loss [...]