All Finance articles – Page 87
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NewsGreggs’ shares soar on profits guidance
Shares in Greggs soared yesterday after the bakery retailer revealed that increased sales would mean better-than-expected profits.
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NewsUK coffee shops outperform retail
The UK coffee shop market is outperforming the UK retail sector, with significant sales growth of 10.7% on last year equating to £7.2 bn in turnover.
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NewsPremier Foods criticised over controversial supplier payments
Premier Foods, the company behind Mr Kipling cakes, has hit the headlines for asking suppliers to hand over money – or risk losing contracts.
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NewsTesco-backed café sees financial loss
Coffee chain Harris + Hoole has made a pre-tax loss of £12.8m in its year-end results.
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NewsAryzta reports European revenue rise for first quarter
Aryzta, the Swiss frozen bakery giant, has seen revenue up 7% for Food Europe to £320.1m (€404.1m), in its first-quarter trading statement.
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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.