All Finance articles – Page 73
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NewsAlmondy bought by Danish bakery
Almondy, the Swedish gluten-free bakery, has been acquired by the Danish group Givesco Bakery.
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NewsSainsbury’s suffers drop in profit
Sainsbury’s underlying profit before tax plunged by 17.9% from £375m to £308m, according to sales figures for the 28 weeks to 26 September 2015.
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NewsPremier Foods shows growth in sweet division
St Albans-based Premier Foods has announced slow growth for its Sweet Treats division, with a 0.8% growth from £93.1m to £93.8m for the 26 weeks to 3 October 2015.
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Product NewsIrwin’s Bakery secures export contract to China
Northern Ireland’s leading bakery Irwin’s has secured a six-figure deal to supply a range of premium Irish biscuits created specifically for the Chinese market.
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Product NewsIrwin’s Bakery secures export contract to China
Northern Ireland’s leading bakery Irwin’s has secured a six-figure deal to supply a range of premium Irish biscuits created specifically for the Chinese market.
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Product NewsVogel’s launches picnic promotion
Seeded bread specialist Vogel’s has partnered with outdoor brand Anorak for a new Keep Exploring campaign.
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Product NewsCarr’s records healthy profit growth
Unaudited figures show the food division of Carr’s Group has enjoyed a 6.3% rise in profit before tax for the year ended 29 August 2015.
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NewsAppetite Learning is launched
William Reed Business Media, the publisher of British Baker, has partnered with Virtual College, the leading provider of e-learning and online training, to offer a range of materials for the food industry.
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NewsSilvery Tweed Cereals appoints new ops director
Peter Thompson has joined Silvery Tweed Cereals as operations director.
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NewsMorrisons hit by fresh sales slump
Supermarket chain Morrisons has seen another drop in sales, with a 2.6% fall in like-for-like (LFL) sales excluding fuel in the 13 weeks to 1 November 2015.
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Product NewsTate & Lyle sees pre-tax profits jump 28%
Tate & Lyle, the bakery ingredients supplier, saw its adjusted profit before tax increase by 28% this year to £103m.
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NewsM&S sees static LFL food sales
High street retail chain Marks & Spencer (M&S) has recorded virtually static like-for-like (LFL) food sales figures, with just 0.2% growth in the 26 weeks ending 26 September.
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Product NewsLiberalised sugar market could lead to a flood of cheap imports
Europe could be flooded by cheap sugar because of plans to liberalise the sugar market, according to a new study.
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NewsNew CEO at Samworth Brothers
Lindsey Pownall, the chief executive of Samworth Brothers, has reportedly decided to step down from the top job at the food group.
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Product NewsBarry Callebaut posts profit dip, warns on year ahead
Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).
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Product NewsABF profits and revenues hit by commodity deflation and currency woes
Revenues and profit fell at Associated British Foods – the parent company of Kingsmill – as it was hurt by commodity deflation and currency difficulties.
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NewsGeneral Mills to axe Northumberland Jus-Rol plant
USA-based food group General Mills is to close its Jus-Rol pastry factory in Berwick-upon-Tweed, Northumberland.
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NewsGlobal study identifies key bakery trends
A global study for Belgian ingredients manufacturer Puratos has unveiled key trends in the baking, patisserie and chocolate markets.
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Product NewsWhitworths revamps packaging
Fruit and nut retailer Whitworths has redesigned its packaging to capitalise on the expanding snacking and home-baking markets.
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NewsThe Bread Factory buys retail bakery
Wholesale bakery The Bread Factory has bought St Albans-based manufacturer Bread Roll for an undisclosed sum.