All Finance articles – Page 51
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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.
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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.