All Finance articles – Page 105
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NewsUK bakery arm performs well for Canada Bread
Maple Leaf Bakery UK saw increased volumes over the past quarter, which helped lift revenue in parent company Canada Bread’s frozen bakery arm.
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Deflation at highest rate for nearly seven years
Overall shop prices today confirmed annual deflation in July, the third conscecutive month, has fallen 0.5% from 0.2% in June. Deflation is now the highest it has been for six-and-a-half years.
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Greencore sees revenue up in third quarter
Greencore Group has announced that trading during the third quarter met expectations, with a 2.6% increase in revenue compared to Q3 2012.
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NewsMorrisons completes on Ocado deal
Morrisons has announced the completion of its agreement with online retailer Ocado Group, which will see Morrisons.com commence online deliveries from next January.
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Analyst advocates ‘buy’ for Tate & Lyle despite challenges
A City analyst has reiterated his ‘buy’ recommendation for Tate & Lyle, despite downward pressure on the US sweetener market.
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NewsGenius makes it a full house
Genius Foods has struck a deal to supply Asda with a range of its gluten-free bakery products.
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Tate & Lyle sees strong volume growth in Europe
Tate & Lyle, the international speciality ingredients producer, has reported strong volume growth in Europe after a slow start to the US summer.
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NewsTotal bread sales down at Premier Foods
Premier Foods has revealed a drop in overall bread sales of 0.7% to £240.6m for the six months to 30 June 2013.
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Small businesses group calls for level playing field on rates
The business rates system needs a radical overhaul, says the Federation of Small Businesses (FSB).
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Cost of fuel drives UK inflation
Official figures show that inflation rose 0.2% last month to 2.9%, its highest since April 2012.
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NewsFood performs for Marks & Spencer
Marks & Spencer has posted a 4.5% increase in total UK food sales in the 13 weeks to 29 June 2013, as the group saw overall sales rise 3.3%.
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NewsBarry Callebaut closes acquisition
Barry Callebaut has successfully closed its acquisition of the Cocoa Ingredients Division of Singapore-based Petra Foods, for around $860m (£563.5m).
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NewsCSM completes Bakery Supplies divestment
CSM, now known as Corbion, has completed the divestment of its Bakery Supplies business to “affiliates of Rhône Capital”.
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NewsStarbucks reports loss for last financial year
Starbucks UK has posted a £30.4m loss after tax, for the full year to 30 September 2012, in its latest accounts filed at Companies House.
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Real Good Food delivers increased ebitda
The Real Good Food Company (RGFC) has achieved a 24% increase in ebitda, to £10.5m, in the full year to 31 March 2013.
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NewsGenius goes Down Under
Genius, the gluten-free brand, will now be available in Australia, after the company struck a deal to export frozen loaves to the Coles supermarket chain.
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Volumes up, but profits down at CSM (UK)
Raw material costs have dented CSM (United Kingdom’s) operating profits for the full year to 31 December, despite improving volumes.
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Product NewsSmall cakes see volume boost
Volume sales of small cakes have overtaken those of large cakes, according to the latest Cakes and Cakes Bars UK report by Mintel.
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NewsPatisseries boast more regular visits than bakeries
Bakery-cafés, coffee shops and patisseries are the three fastest-growing limited-service segments in terms of sales, according to data analyst Technomic.
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Aryzta sees “satisfactory” growth for food
Swiss-based bakery firm Aryzta has revealed a upturn in revenue in its Food Europe division of 2.8%, to €971.2m (£830.3m), in the nine months to 30 April 2013.