All Finance articles – Page 78
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Product NewsNBPO see sales soar while take over plans are stalled
New British Palm Oil (NBPO) has seen sales for the first nine months of 2014 rocket to £320.7m ($503m) from £274.9m in the previous year.
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NewsThree of Cheshunt Eight leave Tesco
Three of the suspended Tesco executives have reportedly left the company.
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NewsFinsbury bosses to benefit from share issue
The chief executive and finance director of Finsbury Food Group have been issued shares to the value of more than £146,000.
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NewsUB and Cargill strike deal on chocolate
United Biscuits (UB), the international manufacturer of biscuits, has signed a three-year partnership with a fellow international producer to focus on its sweet biscuits.
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NewsSales up 4% at SSP
SSP, the global giant behind travel brands such as Upper Crust and Caffè Ritazza, has seen revenue increase by 4% - helped by a strong performance in the UK.
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NewsPatisserie Holdings reveals big jump in revenue
Patisserie Holdings has reported this morning that revenue is up 27.5% to £76.6m while its main trading café brand Patisserie Valerie is up 20%.
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NewsFinsbury AGM outlines high hopes for Fletchers acquisition
Finsbury Food Group has said it is confident there will be increased growth and sales, thanks to the buy-out of Fletchers’ cake business earlier this year.
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NewsFood to go drives Greencore growth
The UK’s leading sandwich and celebration cake company, Greencore, has outperformed the food to go market, with like-for-like revenue growth of 15.3% in the past year.
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NewsGail’s opts for private over public growth
Gail’s Bakery has reportedly ended talks of stock market flotation, and will now focus on growing the business privately.
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NewsFortnum & Mason enjoys busiest year in store history
Luxury retailer Fortnum & Mason has seen a 14% increase in overall sales for the year up to July 2014, compared to last year.
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Crepe firm plans broad international growth
London-based Crepeaffaire is on the verge of major UK and international expansion plans with four new UK sites in the next four months.
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NewsBranded sales down for 2 Sisters
2 Sisters Food Group, owner of Fox’s Biscuits, has seen a fall in branded sales, down 3% for the full year.
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NewsDiscounters continue to dominate, as overall grocery declines
Aldi and Lidl have continued to storm the grocery market, despite an overall decline in the sector since Kantar Worldpanel records began in 1994.
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NewsBakkavör bakery investment continues amidst revenue hike
Bakkavör has outperformed the food market, boasting a 4% growth in like-for-like revenues for the 39 weeks ended 27 September 2014.
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NewsUnderlying profits and LFLs down at Sainsbury’s
Supermarket group Sainsbury’s this morning unveiled a 2.1% fall in like-for-like sales and said underlying profit had dropped by 6.3% to £375m.
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NewsCarr’s Milling hails record profits
Carr’s Milling Industries has announced another year of record profits in 2013/14, with EBITDA up 9.1% to £20.4m.
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Product NewsTate & Lyle profits tumble
Ingredients manufacturer Tate & Lyle has announced a 40% fall in first-half adjusted pretax profit at the top end of its range.
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NewsLFLs slump again, Morrisons insists it’s on track
Like-for-like sales suffered a 6.3% slump in the 13 weeks to 2 November 2014 at under pressure supermarket Morrisons.
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NewsBarry Callebaut sales volume up 11.8%
Swiss chocolate maker Barry Callebaut increased sales volume by 11.8% in the year to 31 August 2014, helped by the integration of the cocoa business acquired in June 2013.
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NewsM&S food shows strong sales growth
Marks and Spencer (M&S) food business has reported like-for-like sales are up 1%.