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Portugal's Sonae Posts Turnover Increase Of 7.2%

Portuguese retail and services group Sonae has posted an increase in turnover of 7.2% to €5.4 billion, surpassing the five billion euro mark for the f...

Sainsbury's Like-For-Like Sales Drop While Argos' Surge In Q4

UK retail group J Sainsbury Plc registered a small combined like-for-like sales increase of 0.3% for its Sainsbury's and Argos chains, in the nin...

Auchan Holding Posts 'Solid And Improving Results' In 2016

French retail group Auchan Holding, the parent company of Auchan Retail and Immochan, has posted 'solid and improving results' for 2016. Its increase in...

Croatia's Atlantic Group Sees Drop In Sales In 2016

Croatian food and beverage producer and distributor Atlantic Group reported 2016 sales of €678.1 million, a 5.5% drop compared to 2015, while net prof...

US Retailer Kroger Sees Slight Dip In Fourth Quarter

US retail heavyweight Kroger Co. has reported an increase in total sales of 5% to $115.3 billion for the 2016 fiscal year, but experienced a dip in the fou...

Spain's Mercadona Increases Turnover By 3.9% In 2016

Spanish retailer Mercadona has announced an increase in turnover for 2016 of 3.9%, reaching €21.6 billion. Net profit reached €636 million, an...

AB InBev Eliminates Bonuses As Earnings Trail Estimates

Anheuser-Busch InBev NV chief executive officer Carlos Brito will miss out on a bonus for the first time since 2008, after earnings at the Budweiser maker...

Ardagh Group Revenue Grows 22% In 2016

Packaging company Ardagh Group saw an increase of 22% in 2016 revenue, totalling €6.3 billion. The company attributed the leap to beverage-can asse...