All Finance articles – Page 45
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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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NewsEaton’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.
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NewsAryzta shareholders approve €800m funding
Frozen bakery giant Aryzta has secured approval for an €800m fundraising plan by a narrow margin.
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NewsSamworth Brothers to buy 2 Sisters sandwich factory
Food manufacturing company Samworth Brothers is to acquire 2 Sisters Food Group’s Manton Wood sandwich business.
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NewsBudget 2018: here’s what bakers need to know
Bakeries may be left counting the cost of a proposed plastics levy and an increase in national living wage following yesterday’s Autumn Budget 2018 (29 October).
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NewsPeyton and Byrne saved from administration
Artisan bakery and café chain Peyton and Byrne Bakeries has been rescued from administration.
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NewsPatisserie Holdings finance director Chris Marsh resigns
Patisserie Holdings has announced that Chris Marsh has resigned from his position as finance director.
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NewsPatisserie Holdings winding up order dismissed
A winding-up petition against Patisserie Holdings’ trading subsidiary Stonebeach Limited has been dismissed by the courts.
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NewsAryzta responds to Cobas attack on funding plan
Frozen baked goods supplier Aryzta has hit back following a challenge by its largest shareholder over plans for the company to raise €800m.
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NewsPatisserie Holdings share offer raises £15.7m for crisis-hit business
A share offer has raised £15.7m to help Patisserie Holdings continue trading in the face of a crisis sparked by serious financial irregularities.
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NewsCake Box expects 40% hike in half-year turnover
Egg-free cake specialist Cake Box is expecting to report a 40% increase in revenue to £8.3m for the first half of its financial year.
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Product NewsShareholder challenges €800m Aryzta funding plan
Plans by frozen bakery giant Aryzta to raise €800m are being challenged by its largest shareholder.
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NewsGreencore selling US arm to focus on UK market
Greencore Group is to sell its entire US business to an affiliate of Hearthside Food Solutions in a $1bn (£817m) deal.
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NewsPatisserie Holdings reveals £25m plan to save business
Patisserie Holdings is launching a share offer and has admitted it needs a £20m capital injection to avoid calling in administrators.
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NewsPatisserie Holdings finance chief arrested and bailed
Patisserie Holdings finance director Chris Marsh has been arrested, according to the crisis-hit business.
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NewsPatisserie Holdings needs cash injection to continue trading in current form
Patisserie Valerie owner Patisserie Holdings has said it cannot continue to trade in its current form unless it gets an immediate cash injection.
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NewsPatisserie Holdings shares suspended amid fraud fears
Patisserie Valerie owner Patisserie Holdings has launched an investigation into what it has described as serious – and potentially fraudulent – accounting irregularities.
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Product NewsFocaccia-style pizzas help drive 7.3% Greggs growth
A strong summer performance in the breakfast market and from new products including focaccia-style pizzas have contributed to sales growth at Greggs.
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NewsThai firm snaps up UK’s Intelipac
Thai packaging company TPBI is to enter the paper packaging market for the first time after inking a deal to acquire stakes in UK firm Intelipac – the business that resurrected bakery packaging supplier Reynards last year.
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NewsAryzta underlying profit crashes more than 70%
Aryzta has reported steep declines in profit and earnings – but insists the business is well placed for future growth.