Wednesday 13 November 2024
 
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Spinneys

Spinneys' 9-month revenue hits record $626m; profit up 27pc

Spinneys, the region’s premium food retailer, today (November 8) delivered solid results for the first nine months with a record revenue of AED2.3 billion ($626 million), up 11.4% growth over last year driven by like-for-like sales growt

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Spinneys in deal to set up major food processing unit in Dubai

Food Tech Valley, a UAE-government-led initiative aimed at building a sustainable food ecosystem, has announced a significant milestone in its expansion plans by signing a 27-year agreement with Spinneys, the leading premium supermarket chain.

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Spinneys H1 revenues rise to record $440m; net up 15.2pc

Spinneys, a leading fresh food retailer, has seen its first-half (H1) profit rise 15.2% year-on-year to AED146 million ($40 million) as revenues reached a record high of AED1.6 billion ($440 million), increasing by 9.9% year-on-year. The net p

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Spinneys H1 revenues rise to record $440m; net up 15.2pc

Spinneys, a leading fresh food retailer, has seen its first-half (H1) profit rise 15.2% year-on-year to AED146 million ($40 million) as revenues reached a record high of AED1.6 billion ($440 million), increasing by 9.9% year-on-year. The net p

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Spinneys posts record sales of $222m in Q1 2024

Spinneys, a leading fresh food retailer in the UAE, has seen its Q1 2024 total revenue grow by 10.9% year-on-year to AED815 million ($222 million).    Record sales were driven by strong like-for-like growth,

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Spinneys posts record sales of $222m in Q1 2024

Spinneys, a leading fresh food retailer in the UAE, has seen its Q1 2024 total revenue grow by 10.9% year-on-year to AED815 million ($222 million).    Record sales were driven by strong like-for-like growth,

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Supermarket chain Spinneys debuts on DFM after successful IPO

Spinneys, a high-end supermarket chain with a major presence in Oman and UAE, has made its trading debut at Dubai Financial Market (DFM) in style with its shares rising as much as 10% on the opening day.  

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Spinneys $375m IPO increases shares in retail tranche

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets, has announced that following high levels of demand it will increase the number of shares allocated to the UAE Retail Offering of its $375 million IPO. &nbs

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Spinneys $375m IPO increases shares in retail tranche

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets, has announced that following high levels of demand it will increase the number of shares allocated to the UAE Retail Offering of its $375 million IPO. &nbs

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Spinneys to launch IPO; offers 25% of firm's share

Spinneys 1961 Holding, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading

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