All Finance articles – Page 48
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NewsCoveney takes US lead role in Greencore shake-up
Greencore boss Patrick Coveney is to split his time between the UK and the US as the business announces a restructure of its US operations and leadership.
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Product NewsAryzta profits crash in wake of rising costs and US woes
Earnings at baked goods supplier Aryzta have fallen by almost a third as the business looks to turn around its performance.
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Product NewsEid family buys back Signature from Aryzta
Signature Flatbreads has bought out its joint venture partner Aryzta.
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NewsProbe launched into Co-op delistings and charges
Groceries Code Adjudicator Christine Tacon has started an investigation into the Co-operative Group over delistings and the introduction of quality control charges.
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Product NewsBlack magic: charcoal pizza helps to boost Bakkavor
Strong sales of bread and pizza – including a charcoal base launched into Waitrose stores – have helped drive growth for Bakkavor.
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NewsGreggs: 2018 will be a year of record investment
Greggs is to make £45m of capital expenditure in 2018 as it continues the consolidation of its manufacturing and logistics operations.
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NewsABF: Allied recovering loss but Ryvita under pressure
Allied Bakeries is continuing to make progress in recovering its losses, according to owner Associated British Food (ABF).
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NewsFinsbury Food Group secures £45m debt facility
Finsbury Food Group has refinanced its debt facility with an eye to exploring future growth opportunities.
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Product NewsBrook Food Group opens New Zealand office
Somerset-based bakery equipment supplier Brook Food Group has opened its second overseas branch.
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NewsTrade mission explores export opportunities in India
Cake supplier The English Cheesecake Company has taken part in a trade mission showcasing export opportunities in India.
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NewsItalian firm Granarolo buys Midland Food Group
Chilled and frozen food wholesaler Midland Food Group (MFG) has been acquired by Italian dairy business Granarolo Group.
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NewsPudding firm Ultimate Food Co enters administration
Christmas pudding supplier The Ultimate Food Company has entered administration after trading for more than 30 years.
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Product NewsOpenfield profits down in tough trading conditions
A weak harvest has contributed to a £3.3m loss at grain supplier Openfield.
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NewsRGF warns of £3.5m loss following weak end of year
Real Good Food has warned it is set to make a £3.5m earnings loss following poor trading at the end of last year.
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NewsBooming food-to-go market drives growth at Greencore
Soaring food-to-go sales have driven a 9.2% rise in reported revenue for Greencore’s UK and Ireland operations.
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NewsAryzta cites Brexit pressure as it issues profit warning
Aryzta has warned its earnings will be down 15% year on year, but insists revenue is ‘relatively’ stable.
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Product NewsFinsbury UK sales up as overseas business dips
Finsbury Food Group has said it is maintaining its focus on offsetting cost increases after reporting a 2.5% rise in revenue in the last six months of 2017.
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Product NewsAllied Bakeries recovering losses, reports ABF
Allied Bakeries has made “some progress” in reducing its previously announced losses, according to its parent company.
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NewsNomad Foods to acquire Goodfella’s Pizza
Nomad Foods is to buy Goodfellas pizza supplier Green Isle Foods from 2 Sisters Food Group.
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Product NewsPremier Foods Q3: Cadbury and Mr Kipling sales decline
Premier Foods’ Mr Kipling and Cadbury cake sales have fallen in the past three months – although the business has reported strong growth in its own-label cake business.