All Finance articles – Page 41
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NewsBells Food Group invests £500k in cake bakery expansion
Bells Food Group has spent £500k to create a dedicated cake bakery at a former council depot in Shotts, Scotland.
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Product NewsReal Good Food to move HQ and review costs as margins take hit
Real Good Food has announced it is to move its HQ and that it now expects to make a loss in the current financial year.
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NewsJJ Food Service launches foodservice credit card
National wholesaler JJ Food Service has launched a credit card.
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NewsWall’s Pastry campaign provides £5k boost for Welsh café
Wall’s Pastry has invested £5,000 in community café Little Lounge Play Café in Pontypridd, Wales as part of its 2017 Helping Hand campaign.
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Product NewsBurton’s revenue and earnings down following Cadbury licence sale
A fall in revenue at Burton’s Foods has been driven by the disposal of the licence to produce Cadbury biscuits, and a drop in savoury biscuit sales.
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NewsBakkavor reveals plans for £100m flotation
Prepared food giant Bakkavor is aiming to raise around £100m through a stock market flotation.
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Product NewsPrices rise following drop in wheat meeting bread spec
Latest test results show a sharp decline in the proportion of wheat samples meeting full bread specification.
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NewsGreggs: trade boosted by improved service and availability
Greggs has said its new forecasting and replenishment system has boosted product availability for customers.
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NewsReal Good Food: Currency and costs drive £5.8m loss
Renshaw and Haydens owner Real Good Food has made a loss of almost £6m – admitting it has had poor control over its central costs.
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NewsSSP Q4 results: revenue up 15% despite ‘soft’ rail sector
Starbucks and Upper Crust travel sites operator SSP has announced a 14.8% increase in revenue in its fourth quarter.
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NewsAllied Bakeries planning to close Norwich depot
Kingsmill owner Allied Bakeries is set to close its Norwich distribution depot.
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Product NewsGrain processor Silvery Tweed reveals volume and profit growth
Cereals supplier Silvery Tweed has reported sustained volume increases and tipped its business for further growth in the short and long term.
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Product NewsAryzta’s UK business hit by weak pound and soaring butter costs
Rising butter costs and the impact of weakened sterling have taken their toll on Aryzta Food Solutions’ UK business in the past year.
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NewsReal Good Food secures further debt facility
Shareholders in Haydens and Renshaw owner Real Good Food have agreed to give the business a £4m short-term debt facility.
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NewsFinsbury boss: ‘Business environment isn’t going to get any easier’
Finsbury Food Group – which last month announced plans to close its Grain D’Or bakery in London – has said its focus on driving efficiency and scale has helped it weather challenging market conditions.
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NewsReal Good Food vows to shake up financial reporting
Haydens and Renshaw owner Real Good Food has said it is committed to improving its corporate governance and reporting after failing to fully report details of payments made to directors.
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NewsOrchard Valley Foods and Candeco merge
Orchard Valley Foods has merged with Swedish decorations manufacturer Candeco Confektyr AB.
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NewsABF: Ingredients in growth but bread under pressure
Allied Bakeries has been hit by “significant margin decline” as a result of low prices and cost pressure, according to parent company Associated British Foods (ABF).
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NewsPre-pack deal saves Sussex cake firm and 150 jobs
Sussex-based handmade cake business More Foods – which supplies retailers including Waitrose and Budgens – has been rescued in a pre-pack deal.
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Product NewsPremier agrees expanded Cadbury licensing deal with Mondelēz International
Premier Foods has secured an expanded licensing deal with Mondelēz International to produce Cadbury-branded cakes and ambient desserts.