All Finance articles – Page 40
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Product News
RGF secures new funding after making £6.7m loss
Haydens and Renshaw owner Real Good Food has secured further funding after announcing a loss of almost £7m in the first half of 2017.
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How was 2017 for Britain’s bakery industry?
British Baker wants you to say what the past 12 months have meant for the retail bakery market.
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Pieminister to boost capacity and open new sites
Pieminister is acquiring new plant and machinery and opening three new restaurants after securing £1.65m in financing.
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Product News
Puratos acquires fillings and sauces firm Fruitapeel
Lancashire-based fruit fillings and sauces supplier Fruitapeel has been acquired by Puratos.
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News
Coopland & Son set for expansion with £8.5m investment
Coopland & Son is set to open 30 new shops in three years across the north of England following a £8.5m external investment from investors Business Growth Fund (BGF).
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Review of the year 2017: April to June
As the year draws to a close, we look back at some of the major stories that have impacted the baking industry in 2017.
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Review of the year 2017: January to March
As the year draws to a close, we look back at some of the major stories that have impacted the baking industry in 2017.
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News
Graze sales up 8% on UK and US expansion
Sales at snack brand Graze have risen 8% year on year as the business extends its presence in the UK and US.
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Product News
Wheat planting area predicted to dip in 2018
The area of UK wheat planting is expected to fall slightly in 2018.
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News
Snacking helps drive 20% growth in Greencore food-to-go
Greencore, which claims to hold a 60% share of the UK grocery sandwich market, has reported almost 20% growth in its food-to-go sales in the past year.
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Patisserie Holdings reveals plans to boost production
Patisserie Valerie owner Patisserie Holdings is looking at options to increase production, including a manufacturing site in Manchester and in-store baking of morning goods.
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Aryzta European business continues to outpace US
Group revenue at global baking business Aryzta has slumped 5.5% in the first quarter to €909.7m (£812m).
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Product News
Tale of two export markets: cake booms as bread falls
Exports of UK-produced cakes have soared almost 20% year on year in the past quarter – but bread exports have slumped 15%.
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News
Air passenger growth drives UK sales hike for SSP
Strong growth in the air sector has helped drive a 4.8% hike in full-year UK revenue for Starbucks and Upper Crust travel sites operator SSP.
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Product News
Finsbury revenue up 4% despite overseas sales dip
Finsbury Food Group has reported a 4% hike in group sales in the past four months.
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Product News
McVitie’s and Tesco set up charity campaign
McVitie’s has teamed up with Tesco in a partnership with charities Fareshare and The Trussell Trust.
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Barry Callebaut bucks declining chocolate market
Chocolate supplier Barry Callebaut has bucked a declining overall EMEA chocolate market to grow its volumes 6.4%.
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Former bakery boss disqualified from running a business for five years
A former director of The Royal William Bakery in Plymouth has been disqualified from running a business for the next five years after failing to pay more than £130k in tax bills.
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Product News
Bakery equipment firm EPP in management buyout
Bakery equipment supplier European Process Plant (EPP) has completed a management buyout led by managing director Steve Merritt.
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Product News
New stores and Express sites drive Costa growth
Estate expansion and the introduction of a new range of breakfast food have helped grow sales at the Costa chain.