All Finance articles – Page 83
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NewsFinance director departs Real Good Food
Real Good Food’s (RGF) finance director has left the company following a reshuffle of operations, after it sold Napier Brown Sugar.
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NewsSSP enjoys LFL sales increase
Travel food giant SSP Group has seen like-for-like sales up 3.2% thanks to passenger growth in the air sector.
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Product NewsTromp predicts bright future as turnover leaps 10%
The Tromp Group has seen a jump in turnover of around 10% in the year since it joined the Markel Food Group in August last year.
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NewsFinancial distress worsens for food suppliers
The number of UK food suppliers experiencing significant financial distress has increased by 54% in the past 12 months as the supermarkets slash prices and delay payments, according to business recovery specialist Begbies Traynor.
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NewsEurope clears Cargill’s ADM cocoa deal
The European Commission has granted conditional clearance for the $440m (£226.4m) Cargill acquisition of Archer Daniels Midland’s cocoa business in Europe.
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Product NewsBakkavör sells off pizza firm
Bakkavör Group has completed the sale of its remaining pizza business to Dreamfood.
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NewsCompetition body highlights ‘misleading’ supermarket pricing tactics
Supermarket pricing has been deemed potentially confusing by the Competition & Markets Authority (CMA) following a formal complaint by consumer rights campaigner Which?.
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NewsFinsbury reports strong sales growth
Speciality bakery manufacturer Finsbury Food Group is outperforming profit expectations as its total sales revenue grew to £256.2m in the year to 27 June 2015.
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Product NewsCompetition body clears path for Bako merger
The Competition and Markets Authority (CMA) has cleared the anticipated merger of Bako North Western and Bako Scotland.
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Product NewsCarr’s reports positive growth for food division
Carr’s Group has seen volumes in its food division up ahead of last year, despite the “challenging” market.
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NewsFerrero-Thorntons bid ‘unconditional’ as decision deadline nears
Ferrero’s £112m takeover bid of Thorntons has become ‘wholly unconditional’, subject to the chocolate brand’s acceptance by shareholders.
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Product NewsSquare Pie issues ‘Pie Bonds’ on CrowdCube
Retail pie brand Square Pie is crowdfunding investors to grow its business across the UK.
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Product NewsCallebaut’s European sales buck the global chocolate trend
Global chocolatier Barry Callebaut has seen sales volumes rise in Europe - outperforming the declining global chocolate confectionery market.
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NewsSun helps Waitrose sales soar
Sales at Waitrose leapt 6% to £132.2m in the 22nd week of its current financial year versus the same week in 2014.
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NewsABF steps up volumes at Allied Bakeries
Associated British Foods (ABF) has revealed that Kingsmill owner Allied Bakeries is increasing its volumes in its trading statement for the 40 weeks ended 20 June 2015.
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Product NewsIngredion extends ‘clean-label’ offering with acquisition
Global ingredient solutions company, Ingredion Incorporated, has announced it will acquire Kerr Concentrates for around $100m (£65m).
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NewsM&S enjoys Q1 food sales increase
Marks & Spencer has seen food sales rise in its first quarter, while it remains on track to open 90 new Simply Food stores this year.
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NewsBristol to see new-concept bakery
An experienced restaurant duo are to open a new-concept bakery in Bristol.
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NewsIreland’s coffee shop market rises 14%
Ireland’s coffee shop market is outperforming the Irish retail sector with sales growth of 14%.
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NewsHatton baker strengthens hand with Aberdeen acquisition
Murdoch Allan bakers has bought a Scottish bakery firm, as it expands to meet demand.