All Finance articles – Page 72
-
NewsSSP reports strong first quarter
SSP Group, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 4.3% for its first quarter.
-
NewsGreencore reports positive Q1 revenue growth
Greencore, the convenience food manufacturer, has reported revenue growth of 7.2% to £356m for the 13 weeks to 25 December.
-
NewsWilliam Jackson reports pre-tax profit of £18m
William Jackson Food Group (WJFG) has seen pre-tax profits rise to £18m for the year ending 25 April 2015, from £15.8m the year before.
-
NewsTesco reprimanded over treatment of suppliers
Supermarket giant Tesco will be censured by the Groceries Code Adjudicator (GCA), following a year-long investigation into its payment terms.
-
NewsNew £100M investor for Bakkavör
An American hedge fund has invested in excess of £100M in Britain’s biggest prepared fresh foods supplier.
-
NewsMSK Ingredients receives £750K funding
Online food and ingredients supplier MSK Ingredients is set to expand, following investment from Santander.
-
NewsPremier Foods reports strong Q3 sweet treats sales
Premier Foods, the St Albans-based food group, posted positive Q3 sales growth of 6.5% for its sweet treats division against the backdrop of a virtually static group performance of 0.1% growth.
-
Product NewsSveba-Dahlen awards sole UK contract to Jestic
Jestic Foodservice Equipment, the food manufacturing machinery company, has been awarded the sole UK distribution right to Sveba-Dahlen machinery.
-
NewsRaise Bakery pays Living Wage to staff
Raise Bakery, the Worthing-based cake maker, has pledged to pay its staff the Living Wage of £8.25 per hour.
-
NewsGeneral Mills confirms Berwick closure
General Mills UK, which manufactures Jus-Rol pastry, is to close its Berwick bakery following a review of the business.
-
Product NewsGood year for Irish bakery exports
Bakery exports from Ireland increased by over 35% in 2015 and are now valued at around €185 million, based on sales figures from January to September 2015.
-
NewsUnited Biscuits restarts production at flood-hit Carlisle factory
United Biscuits (UB) has restarted production of McVitie’s Gold biscuit bars at its Carlisle factory, after the site was devastated by floods in the wake of Storm Desmond.
-
NewsH1 sales up by 46% at Finsbury
Finsbury Food Group, the UK bakery group, has seen its total company sales increase by 46% to £156.6m in its first half.
-
NewsAllied Bakeries reports increased sales in challenging times
Kingsmill owner Allied Bakeries achieved a substantial increase in sales volumes for the 16 weeks ending 2 January, “although pricing and margins remain challenging”.
-
NewsIrwin’s ends year in the red, despite £29.6m turnover
Irwin’s bakery has reported a turnover of £29.m, but also a loss of £128,574 for the year ending 29 March 2015.
-
NewsSouthern Co-op Christmas LFLs up 4.7%
Convenience store retailer The Southern Co-operative saw a like-for-like (LFL) sales increase of 4.7% across the three weeks to 3 January.
-
NewsSainsbury’s sales good despite LFL drop
Sainsbury’s suffered a 0.4% drop in like-for-like (LFL) retail sales, excluding fuel, for the 15 weeks to 9 January 2016 – despite trading well over Christmas.
-
NewsGreggs’ trading update triggers share-price tumble
Greggs, the high street bakery chain, suffered a sharp drop in share price as it reported a slowdown in its like-for-like (LFL) sales growth.
-
NewsMorrisons’ trading down but improving, 2015 LFLs up 0.2%
Supermarket chain Morrisons is “working to improve” as company like-for-like sales (LFLs) excluding fuel increased 0.2% in the nine weeks to 3 January.
-
NewsDiscounters benefit at Christmas amid 0.2% drop in grocery sales
Continuing price deflation meant there was no Christmas uplift for the British grocery market as sales fell 0.2% on last year. But Waitrose, The Co-operative and Sainsbury’s successfully grew ahead of the market.