All Finance articles – Page 74
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NewsIndustry reacts well to Autumn Statement
Leading industry figures have responded favourably to the Chancellor George Osborne’s Autumn Statement but raised concerns over the impact of a new Apprenticeship Levy.
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NewsSSP reports 3.7% LFL growth
SSP, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 3.7% for the year ended 30 September 2015.
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NewsNew Britain Oils hires expert to lead foodservice expansion
New Britain Oils, the Liverpool-based sustainable palm oil producer, has appointed Iain Anderson as national account manager.
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NewsHovis threatens to cut more Wigan jobs
Hovis workers in Wigan have been hit with fresh woes after it was announced cut-backs were putting 111 jobs at risk.
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NewsFinsbury celebrates 78.1% revenue increase
Finsbury Foods, the retail and foodservice bakery group, has reported UK bakery revenue growth of 8.7% for the first four months of its financial year.
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NewsScottish bakers celebrate Asda listings
Three Scottish bakeries are celebrating new listings worth an estimated £275,000 in total as Asda grows its locally sourced bakery range.
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NewsRoberts Bakery secures logistics deal
Roberts Bakery, the Cheshire-based firm, has agreed a deal with logistics provider Bibby Distribution, which will allow it to supply customers further afield than ever.
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NewsGenius buys frozen pie producer
Genius Food, the gluten-free bakery, has bought frozen pie-producer Chapel Foods in a £3.5m deal.
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NewsGreencore announces factory investment following strong sales
Greencore Group, the convenience food manufacturer, has reported a 10.6% rise in group operating profits to £91.7m for the year ended 25 September 2015.
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NewsBakkavör sees revenue and underlying profit growth
Bakkavör, a leading food manufacturer, has unveiled 16% growth in its third-quarter underlying profit.
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Product NewsUB invests £15m in export drive
United Biscuits (UB) is planning to invest £15m to increase capacity at its biggest factory next year and is forecasting a 50% increase in its exports by 2020.
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Product NewsCity analyst upbeat over Premier’s latest results
A leading City analyst has described the turnaround in revenue at Premier Food as “no mean feat” given the challenging FMCG climate.
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NewsLosses surge at Tesco coffee shop offshoot
Tesco is having to commit millions of pounds to keep solvent a rapidly expanding, loss-making coffee chain it part owns.
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Product NewsAB Mauri unveils new Centre of Excellence
Bakery ingredients supplier AB Mauri has officially opened its new Centre of Excellence.
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Product NewsAsian snacks firm gains funds for new production centre
An Asian sweets specialist has set up a manufacturing hub in Birmingham after securing a six-figure funding package from Barclays.
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NewsBakkavör increases workforce as sales rise
Bakkavör Desserts is to hire 160 extra staff members to help meet demand following an increase in sales.
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NewsMuffin Break opens second Welsh store
Muffin Break, the bakery café, has opened its second Welsh store in Newport as part of rapid expansion plans to open 14 stores by the end of 2016.
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NewsGerman discounters continue to thrive
Aldi and Lidl, the German discounters, hit a combined market share of 10% for the first time, according to a Kantar Worldpanel report.
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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.