All Finance articles – Page 33
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Product News
Greencore eyes ‘significant’ UK growth opportunities
Food-to-go giant Greencore has set its sights on “significant” growth through expansion and acquisition in the UK following the disposal of its US division.
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Product News
Wheat plantings forecast to reach five-year high
High prices this year have encouraged growers to increase wheat plantings for the 2019 crop.
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Biscuits and tea help boost Fortnum & Mason sales
British biscuits and loose leaf tea have helped drive the sixth successive year of double-digit sales growth at Fortnum & Mason.
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Product News
Bakels opens new £10m Bicester distribution centre
Ingredients supplier British Bakels has opened a new £10m distribution centre in Oxfordshire.
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Product News
Brook launches dedicated asset disposal department
Brook Food Processing Equipment has expanded its range of services with a department specialising in asset disposal.
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Greggs expecting full-year profit before tax of £86m
Greggs is expecting to make a full-year profit of £86m following strong trading in October and November.
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Greencore to focus on UK after completing US sale
Greencore Group has this weekend completed the sale of its entire US operation to an affiliate of Hearthside Food Solutions.
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Product News
Cake Box revenue and profits rise more than 40%
Sales at egg-free cake supplier Cake Box – which this year listed on AIM – have risen 44% year on year to £8.3m in the six months to 30 September.
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Product News
Aryzta first-quarter organic revenue edges up 0.3%
Frozen baked goods supplier Aryzta has reported modest organic revenue growth in its first quarter – and said this reflects the ongoing stabilisation of the business.
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News
New contracts drive 23% profit growth for SSP Group
New contracts and robust sales growth have driven a 22.7% rise in underlying operating profits at travel site operator SSP Group.
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Aryzta €800m share offer attracts 97.4% take-up
Frozen bakery giant Aryzta has raised almost €800m through a share offer.
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Patisserie Holdings reveals new chief executive as Paul May steps down
Patisserie Holdings has announced that chief executive Paul May has resigned with immediate effect.
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Tim Hortons’ first franchise site to open in Scotland
Tim Hortons has secured its first franchise partner, who will open a site in Scotland by the end of the year.
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Premier Foods chief exec Gavin Darby to step down
Gavin Darby is to step down as boss of Premier Foods less than four months after he saw off a bid to oust him from the role.
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Premier cakes business hit by logistics problems
Mr Kipling owner Premier Foods has revealed its cake business has been hit by issues with its new warehousing operation.
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Evron set for expansion following Bama investment
UK bakery business Evron Foods Group is set to expand following investment by US baked goods manufacturer Bama Companies.
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Barry Callebaut sales grow ahead of chocolate market
Chocolate and cocoa products supplier Barry Callebaut has increased its sales volumes by 6.3% in the past year – ahead of the 1.8% increase in the overall chocolate confectionery market.
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Product News
‘Unacceptable’ losses at Allied Bakeries, reports ABF
Losses at Kingsmill owner Allied Bakeries have remained “unacceptable” in the past year, according to parent company Associated British Foods (ABF).
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News
Aryzta shareholders approve €800m funding
Frozen bakery giant Aryzta has secured approval for an €800m fundraising plan by a narrow margin.
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Eaton’s Patisserie aims to double turnover to £6m
Cake and desserts supplier Eaton’s Patisserie is aiming to double its turnover after moving to a new site.