All Finance articles – Page 42
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Product NewsRenshaw owner Real Good Food reduces expected earnings for second time
Haydens and Renshaw owner Real Good Food (RGF) has further reduced its earnings expectations.
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NewsWrights Food Group acquires bread supplier Premier Catering
Wrights Food Group is to acquire Stoke-on-Trent bakery Premier Catering, which has been supplying it with bread for more than 30 years.
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NewsReal Good Food agrees £2m overdraft to plug funding gap
Renshaw and Haydens owner Real Good Food has secured a £2m overdraft facility with Lloyds Bank after discovering a shortfall in its finances.
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Product NewsFounder and finance director leave in shake-up at Real Good Food
Real Good Food – which last week saw its shares plunge following a profit warning – has announced the departure of its founder and its finance director.
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Product NewsReal Good Food shares crash following profit warning
Shares in Renshaw and Haydens Bakery owner Real Good Food plunged by a third yesterday (1 August) after the business issued a profits warning.
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NewsGreggs’ yum-yums production boosted by supply chain shake-up
Greggs has reported that its manufacturing and logistics shake-up, which has brought the closure and restructure of a number of sites, is boosting efficiency and product quality.
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NewsGeary’s Bakery expands with £4.5m funding
Family-owned bakery Geary’s Bakery has constructed a larger factory facility at its premises following a £4.5m investment from NatWest.
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NewsThomas the Baker invests in £750k refurb at Helmsley store
Thomas the Baker is investing more than £750,000 in rebuilding and refurbishing its Thomas of Helmsley delicatessen.
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NewsPaul UK bucks ‘challenging conditions’ to grow 12%
Store refurbishments and new product development have helped drive growth at bakery and café chain Paul UK.
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NewsGreencore Q3 revenue up 76.6% - but challenges for cake and dessert in UK
Revenue at food-to-go business Greencore has soared despite “challenging conditions” in parts of its UK business.
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NewsGreggs raises £85k for We Love Manchester Emergency Fund
Greggs has raised £85,718 for the Manchester Evening News (MEN) We Love Manchester Emergency Fund through in-store collections.
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NewsPromise Gluten Free sells majority stake to Mayfair Equity Partners
Irish free-from bakery supplier Promise Gluten Free has sold its majority stake to private equity firm Mayfair Equity Partners.
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Product NewsPremier Foods Q1: Cake sales growth offset by grocery brands decline
New gluten-free Mr Kipling products have helped drive growth in Premier Foods’ cake division – although a steep drop in sales of grocery lines has dragged down the company’s overall performance.
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NewsTasties of Chester rescued from administration
Food-to-go supplier Tasties of Chester has been rescued from administration in a deal that has saved 188 jobs.
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NewsWelsh bakery business Cake Crew to expand
Wales-based business Cake Crew is expanding to meet growing demand for its cupcakes.
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Product NewsButter shortage looming, warns Arla boss
Bakers are set to face a butter shortage by the end of this year, according to comments by the boss of dairy giant Arla.
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NewsOle & Steen bakery owner Lagkagehuset sold
Danish bakery business Lagkagehuset – owner of the Ole & Steen bakery brand – has been acquired by private equity firm Nordic Capital.
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NewsReal Good Food invests £15.5m in Renshaw and Haydens
Real Good Food is to invest £15.5m in subsidiaries Renshaw and Haydens Bakery.
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NewsCompetitive wrapped bread market takes £25m toll on Warburtons
Warburtons’ turnover fell more than £25m last year as the “increasingly competitive” wrapped bread market impacted the business.
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NewsThomas the Baker raises £10k for British Heart Foundation
Yorkshire-based Thomas the Baker has presented a cheque for £10,000 to the British Heart Foundation.