In Short

14 November, 2008
Page 10 
== Finsbury increase ==
Finsbury Food Group has released its Annual Report 2008. It states the first 10 weeks of the year to June 2008, have seen its upward sales trend continuing. Like-for-like sales have grown 13% and adjusted profit before tax increased by 68% to £7.7m, compared to £4.6m in 2007.== Carr's profits up ==Carr's Flour Mills' unaudited full-year results to 30 August, 2008 reveal that operating profit has increased by 77% to £2m, with revenue up 50% to £85.6m. The increased revenue reflected the rise in wheat prices that started in late summer 2007 and continued until virtually the end of the financial year. Its operating margin increased to 2.3% (2007: 1.9%). MD Duncan Monroe said: "After a very poor previous year, operating profit has recovered."== Coffee bean champ ==Sara Lee is to increase its commitment to using sustainable coffee by purchasing 26,500 tonnes of certified coffee beans in 2009. This figure would be approximately 30% more than in 2008.== Bakkavör rise == Food manufacturing company, Bakkavör Group, has released its third-quarter trading results. Turnover has increased 10% in the first nine months to £1.2bn. However operating profit stands at £54.7m in the first nine months - a fall of 37% on the same 2007 period.== Enriched bread ==Bread, enriched with Vitamin A will soon be available in the Philippines in Cagayan de Oro City. Ruben's Bakery has entered into an agreement with the Food and Nutrition Research Insitute to start using squash purée as a partial wheat subsitute for making pandesal and other forms of bread.



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