All Finance articles – Page 54
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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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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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NewsOrchard Valley Foods and Candeco merge
Orchard Valley Foods has merged with Swedish decorations manufacturer Candeco Confektyr AB.
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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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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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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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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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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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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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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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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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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.