All Finance articles
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Branded sweet treats lift up Q1 results at Premier Foods
Volume-led growth in Mr Kipling and Cadbury cake ranges has helped cover lost ground across the manufacturer’s other divisions during the first quarter of its latest financial year
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Clive’s Purely Plants invests £650k in Dartmouth site upgrades and first TV ad
Vegan bakery specialist has installed a new pie line, external freezer, and engineers workshop to help increase capacity at its 15,000 sq ft site, whilst launching a new brand marketing campaign
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Expansion and investments pay off at Cake Box as sales and profit soar in FY25
Egg-free, fresh cream celebration cake specialist reports 13% revenue growth to £42.8m in its latest financial year, driven by estate expansion and an e-commerce uptick
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The Compleat Food Group acquires own-label supplier Freshpak
Chilled food manufacturing group has completed a deal for the Barnsley-based supplier of own-label deli fillers, chilled food-to-go snacks, and poached eggs
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Macphie opens new development kitchen in the Midlands
The ingredients supplier said the facility would increase its capacity to tailor and trial new products in collaboration with customers
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Bennetts Family Bakers closes last three shops in Dorset
Third-generation, family-run craft bakery business announces it has ceased trading after failing to find someone to take over from its aging owners
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CMA begins probe into Greencore’s £1.2bn acquisition move for Bakkavor
The competition watchdog has launched Phase 1 of its merger inquiry with an invitation for comments from interested parties open until 22 July
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Biscuiteers secures distribution deal with Moonpig
The two businesses are developing a range of year-round gifting products
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Roberts Bakery to cut up to 250 jobs in strategic restructure at Northwich site
Significant challenges in the bread market and ongoing economic pressures have forced the business to announce mass redundancies at its bread plant in Cheshire
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Co-op Wholesale’s evolving ISB offer a success story for independent retailers
New premium product lines are being introduced to the in-store bakery offer supplied by Co-op Wholesale, which now makes up 31% of convenience retail sales
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Greggs issues 2025 profit warning as sales impacted by heatwave
Greggs is anticipating full year operating profit to be “modestly below” that of 2024 after customer appetites were stifled by soaring temperatures in June
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Planet Doughnut set for growth after Delves family acquire founders’ stake
New owners say the acquisition of the Shropshire-based business brings continuity, financial backing, and the ability to move decisively into the next stage of growth
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Knead Bakery targets 100-shop estate across the southwest by 2045
Craft bakery business has big ambitions having just opened its fourth and biggest site to date in Oxford plus another in Tewkesbury coming next month
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Jones Village Bakery invests £47m on new production line and factory in Wrexham
Welsh manufacturer is spending £20m on installing a morning goods line at its main bakery and £27m on a new facility located at the site where its flagship bakery burnt down in 2019
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Mimi’s Bakehouse founder wins £100k at disabled entrepreneurs awards
Michelle Phillips, who lives with multiple sclerosis, will use the money to refurbish the business’ cafes and create products with a longer shelf life to help it access new revenue streams
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Danish bakery Ole & Steen reaps rewards of refocused strategy
EBITDA rose by 25% to £4.9m while turnover also increase 5% as the firm invested in its production facility, extended its opening hours, and embraced seasonal NPD including a new range of open rye sandwiches
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Innovation pays off for Warburtons as sales and profit keep rising in FY24
Bolton-based bread giant posts a 4.2% increase in turnover to £741.1m with pre-tax profit up by 7% to hit £31.8m in its latest financial year to 28 September 2024
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ADM Milling fined £300k after worker loses finger in accident at Corby site
An investigation by the Health & Safety Executive found that the flour supplier had failed to safely manage the risks of people performing maintenance at its factory
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Murdoch Allan extends Aldi Scotland bakery supply deal, creates six new jobs
The new deal sees the Aberdeenshire-based, family-run bakery firm add new branded and own-label product lines to its supply to the discounter
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Caffè Nero announces change of UK leadership amid strong Q3 sales performance
Will Straton-Morris has stepped down as UK CEO of the coffee chain to become chief business development officer at a time when it reports 8% sales growth for the third quarter