All Finance articles – Page 28
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News
Pukka Pies to invest £5m to boost bakery capacity
Savoury pastry manufacturer Pukka is to invest £5m in its bakery in Syston, Leicestershire, in a move that will “significantly” enhance its manufacturing capacity and capability.
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Decline in Allied Bakeries’ operating loss and revenue
Operating losses at Allied Bakeries, which last year lost its largest own-label contract, have fallen in the past six months.
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Finsbury revenue rises 4.7% driven by UK bakery market
New business wins, gluten-free bakery and NPD from licences including Harry Potter have helped drive growth at Finsbury Food Group.
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Hovis faces strike action in Belfast due to pay dispute
Employees at Hovis’ site on Boucher Road, Belfast are set to go on continuous strike from Friday (24 January) over a pay dispute.
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Booths’ Christmas bakery sales up as mince pies fly
Northern retailer Booths has reported a 9.1% increase in volume sales of bakery items for the four months in the run-up to Christmas.
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Mr Kipling drives 2.6% sales growth at Premier Foods
Mini mince pies have helped increase Mr Kipling sales by 10% – the brand’s eighth consecutive quarter of turnover growth.
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Bakkavor defies weak UK confidence to grow sales
Fresh food supplier Bakkavor Group has reported an uplift in sales despite a drop in underlying volume growth in the UK.
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Finsbury UK bakery grows while overseas sales fall
UK bakery sales at Finsbury Food Group, manufacturer of cake, bread and morning goods for retail and foodservice channels, grew 5.8% for the six months ended 28 December 2019.
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Product News
Profits increase at grains co-operative Openfield
Grains marketing co-operative Openfield has reported a slight rise in profits despite what it described as a challenging year.
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Sharp slowdown in branded coffee shop growth
Brexit uncertainty and tough high street trading have taken their toll on branded coffee shop openings, according to a new study.
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Warrens Bakery to focus on growth after agreeing CVA
Crisis-hit bakery business Warrens has agreed a Company Voluntary Arrangement (CVA) with its suppliers and landlords.
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Brick House sites in East Dulwich and Peckham shut
Brick House bakery, which operated from two sites in London, has shut down after eight years in business.
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Pieminister turnover up 15% following investment
Premium pie business Pieminister has recorded its fourth consecutive year of double-digit growth.
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Genius brand founder joins Scotland Food & Drink
Lucinda Bruce-Gardyne, founder of the Genius gluten-free brand, has been appointed to the board of Scotland Food & Drink
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Review of the Year 2019: October to December
With 2020 fast approaching, we cast our eye over some of the bakery stories that have hit the headlines over the past 12 months.
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Sayers the Bakers bought out of administration
New company will take on Sayers’ bakery and distribution centre in Bolton and most of its 167 shops.
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Addo confirms site closure as turnover rises 12%
Wall’s and Pork Farms producer Addo Food Group has confirmed it will close its Spalding factory next September.
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Cooplands to accelerate growth as sales top £50m
Sales at bakery chain Coopland & Son (Scarborough) have risen 5.7% year-on-year to £50.2m.
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Review of the Year 2019: July to September
With 2020 fast approaching, we cast our eye over some of the bakery stories that have hit the headlines over the past 12 months.
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Gail’s expansion helps drive Bread Holdings growth
Turnover at Gail’s and Bread Factory owner Bread Holdings has risen 14% to break the £100m barrier.