All Finance articles – Page 92
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News
Bakery market sees 2% annual growth
The UK bakery market reached £11bn in value in 2012, after growing at an annual rate of 2% since 2006.
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Real Good Food has challenging winter
The Real Good Food Company (RGFC) said trading activity in its third quarter had been lower than anticipated, with December particularly challenging.
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Patisserie Holdings bullish as turnover grows
Patisserie Holdings has revealed turnover grew by almost a quarter to £49.5m during the last financial year.
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Cranswick sees 8% sales increase
Sandwich manufacturer and meat producer Cranswick has reported healthy sales growth during the last three months.
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CSM sees first bids for Bakery Supplies business
CSM has revealed it has received initial non-binding offers for its Bakery Supplies activities in Europe and North America.
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Lavazza to target 400+ locations
Italian coffee brand Lavazza has revealed plans to open up to 400 shops in the UK, over the next decade.
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Greencore’s UK revenues remain flat
Greencore has said a “challenging UK food market” has resulted in a flat level of growth in like-for-like (LFL) sales.
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Premier Foods’ boss steps down
Michael Clarke, chief executive of Premier Foods, has announced he will step down from his position 18 months after joining the company.
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Product News
MEPs vote to extend sugar quota until 2020
Members of the European Parliament voted to extend the controversial sugar quotas until October 2020, in a Agriculture Committee meeting in Brussels last week.
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Christmas boosts Starbucks’ revenues by 11%
Starbucks has said its “busiest holiday season ever” has helped the group to achieve record sales of $3.8bn(£2.41bn) during its first-quarter results for 2013.
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Product News
Spooner Vicars to go global
Mersyside baking systems manufacturer Spooner Vicars has been acquired by American commercial cooking and processing equipment brand Middleby.
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Finsbury: sales up, free-from booming
Finsbury Food Group, the manufacturer of cake, bread and gluten-free goods, saw its total sales grow by 1.2% in its first half, it revealed this morning.
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Product News
European sales rise for Barry Callebaut
Barry Callebaut’s European business has seen a 2.4% increase in revenue to CHF624.6m (£419.7m), despite the group’s overall 0.5% drop in sales.
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Product News
Premier Foods: trading in line with expectations
Premier Foods, the company behind the Hovis bread brand, today said its fourth-quarter trading had been “in line with its expectations”.
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New non-excutive director at Greggs
Greggs has appointed Allison Kirkby as an independent non-executive director, with effect from 30 January 2013.
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Greencore makes two new appointments
The board of Greencore has appointed two non-executive directors – Heather McSharry and John Warren – who will join on 30 January 2013.
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Allied recovers wheat costs as ABF reports sales rise
Allied Bakeries has revealed it recovered high wheat costs through bread price increases during the last financial period, as parent company Associated British Foods saw revenues increase by 10%.
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Food performs well for Co-op at Christmas
Sales of own-label bakery party food were up 53% at The Co-operative’s food stores over the three weeks to 5 January.
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Product News
Renshaw launches new brand identity
Renshaw has unveiled a new brand identity, to coincide with the launch of its new e-commerce site later this month.
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Coalition government outlines action plan
Reduced tax rates, scrapping red tape and clearer food labelling are just some of the measures the Coalition government has set out to help businesses in the next two years.