All Finance articles – Page 73
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NewsEbitda up 23% at Patisserie Holdings
Underlying profit increased by 23.1% to £8.7m at Patisserie Holdings in the six months to 31 March 2015.
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NewsPremier Foods reports full-year losses, due to impairment of sweet sector
Food giant Premier Foods has increased its losses due to impairment charges, largely related to its sweet business, which includes the Mr Kipling brand.
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NewsConvenience sector boost Greencore profits
Sandwich-maker Greencore has seen profits soar as its convenience food sector booms, despite a challenging market.
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NewsAsda reports Q1 3.9% decline in LFL sales
Asda has announced a 3.9% fall in like-for-like sales in its first quarter, in what it describes at the “most challenging year yet” for UK supermarkets.
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Product NewsBFP appoints new chief executive
Bakery ingredients supplier BFP Wholesale has appointed a new chief executive, it was revealed today.
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NewsReal Good Food sugar arm sale approved
Real Good Food’s proposed sale of its subsidiary Napier Brown Sugar has been approved.
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NewsBako NW buys Northern & Scotland
Bako North Western is to buy sister company Bako Northern & Scotland, it has been revealed.
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Product NewsPieminister’s flagship Leeds site opens
Pieminister has opened its flagship store in Leeds – its biggest yet – as it gears up for a summer pies launch next month.
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NewsGrocery price deflation hits supermarket sales
Supermarket sales have slowed to a revenue growth of 0.2% compared to last year, according to the latest figures from Kantar Worldpanel.
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NewsSainsbury’s posts first loss in a decade
Sainsbury’s has revealed a pre-tax loss of £72m for the year to 14 March - its first loss in a decade.
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NewsFinsbury Food to save 150 jobs in desserts acquisition
Bakery giant Finsbury Food Group has today announced the proposed acquisition of Johnstone’s Just Desserts (Johnstone’s), from administrators FRP Advisory.
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NewsResearch firm identifies morning goods and lunch opportunities
The morning goods market is expected to grow 2.7%, as retailers are advised to capitalise on the convenience food trend.
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Product NewsThorntons suffers sales decline, despite better Easter
Sales at chocolate company Thorntons have dropped in both its retail and FMCG divisions, as the firm has lost orders from a commercial customer.
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NewsGreggs turns in another robust performance
Greggs the bakers has posted another set of “strong” trading results, with like-for-like sales up 5.9%- ahead of its expectations.
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NewsFarmers’ alliance to stage British Sugar protest
A farmer’s movement is to march outside British Sugar’s Bury St Edmunds factory today (29 April) to protest the “lack of support” for small-scale producers.
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Product NewsNapier Brown to sell for £34m
Real Good Food is to sell its sugar distribution business Napier Brown for £34m to Tereos, the world’s fifth-largest sugar group.
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NewsProduct innovation sees Costa LFL sales surge
Costa Coffee, the Whitbread-owned chain, has seen like-for-like sales leap by 6%, driven by an increase in transactions.
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NewsSandwich chain outlines ambitious store plan
High street sandwich chain EAT will open two more London sites in May as it presses on with expansion plans to double the business over the next three years.
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NewsHolland & Barrett launches first of 50 free-from stores
Health store chain Holland & Barrett has today opened the country’s first-ever free-from concept store under the brand Holland & Barrett More.
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NewsTesco suffers record loss
Tesco has posted a record £6.4bn annual pre-tax loss for the year to the end of February.