KPMG UK increases partner pay after profit jumps January 29, 2025 KPMG UK recorded a double-digit growth in profit before tax over 2024, a better performance than 2023, however, its revenue only increased by one per cent
Domino’s Pizza: Firm back on track as sales outpace estimates November 6, 2024 Domino’s Pizza has reported a return to positive sales growth as the firm’s efforts to improve the customer experience have paid off. The fast-food chain told markets this morning that orders grew by 3.5 per cent in the third quarter to 17.4m. This was driven by deliveries rather than collections, with the former up 6.6 [...]
Marks and Spencer shares up on double-digit growth as turnaround pays off November 6, 2024 Marks and Spencer has reported another bumper set of results ahead of the golden quarter as its turnaround plan continues to pay off. The company’s share price rose by nearly five per cent in early trades and reached a level not seen since 2016. Profit before tax rose 17.2 per cent to £407.8m, up £348.1m [...]
EY reports single-digit growth as workforce figure drops October 17, 2024 EY's revealed its global results showing single-digit growth for the Big Four firm, against the backdrop of smaller headcount
Tesco ups guidance after first-half performance ‘exceeds expectations’ October 3, 2024 Supermarket giant Tesco has upped its profit guidance following another strong period of trading for the UK’s biggest grocer. Tesco increased its retail adjusted operating profit guidance to £2.9bn, from £2.8bn, after it “delivered volume growth ahead of expectations”. Continuing sales at the grocer grew 3.5 per cent in the 26 weeks ended 24 August [...]
Blank Street booms as UK expansion brews up success September 30, 2024 Blank Street UK has reported a huge increase in turnover this year after a rapid expansion into the British coffee shop market.
DFS Furniture slumps to a loss in ‘extremely challenging’ environment September 25, 2024 Revenue from continuing operations fell by 9.3 per cent to £987.1m in the year to June.
Next upgrades guidance again as the company welcomes ‘new phase’ September 19, 2024 Retail industry bellweather Next has upgraded its guidance by £15m after sales and growth “exceed expectations”, while it vies for £1bn in profit. The retailer upgraded the profit guidance it issued on 1 August by £15m, to £995m, “as a result of the strength of our full price sales over the last six weeks”. This [...]
FRP Advisory double digit growth as administrations soar May 17, 2024 FRP Advisory Group reported double digit revenue and profit growth, as it is one of the country's leading restructuring firms
Spurned DS Smith bidder Mondi battles lower selling prices May 3, 2024 Packaging and paper Mondi has reported that it has entered the year with lower selling prices, with the blame on the devaluation of the Egyptian pound