All Finance articles – Page 94
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NewsTesco share price hits 11 year low
Tesco’s share price has continued to fall following its latest warning of the supermarket’s worsening trading performance.
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NewsTesco cut trading profit
Tesco have cut its trading profit from £2.8bn to £2.4bn, following what it is calling ‘challenging trading conditions.’
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NewsUnited Biscuits rumoured for stock market flotation
McVitie’s brand owner United Biscuits is expected to float on the stock market this autumn with a value of £1.5bn.
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NewsPork Farms acquires Kerry Foods’ pastry assets
Pork Farms has acquired the chilled savoury pastry assets of Kerry Foods.
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Bakkavör posts revenue climb of 1.3%
Food manufacturer Bakkavör has reported its revenues were up 1.3% to £434.2m in the 13 weeks to 28 June.
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NewsPoll: Does GBBO help or hinder your business?
The next episode of The Great British Bake Off airs tonight and, with it, a whole new set of challenges, this week all revolving around biscuit-making.
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NewsChocolatier sold by private equity owners
Premium chocolatier House of Dorchester has been acquired by confectioner Charbonnel et Walker.
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SSP to link with celebrity chef for airport bakery concept
SSP Group, worldwide operator of outlets in travel locations, has revealed plans for a new bakery concept with UK chef James Martin, as part of a £135m contract.
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NewsChina’s bakery market on the rise
A new report has predicted the Chinese bakery and cereals market will become the second most valuable market by 2018.
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NewsUnited Biscuits bid speculation
Kellogg Company has declined to comment on speculation regarding a £2bn bid for United Biscuits (UB).
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NewsGreat British Bake Off returns amid drop in home baking
The Great British Bake Off hits TV screens tonight for a fifth series, but a new report has suggested the number of Brits who are baking at home is falling.
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NewsUK bread prices comparatively cheap
A Guardian survey reveals UK bread is the second-cheapest out of seven cities from around the world.
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NewsGreat British Bake Off influences sales of whole cakes
Rise in home baking thanks to shows like The Great British Bake Off (GBBO) have influenced a 3.1% drop in whole cake sales.
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NewsHealthy biscuit sales rise
Consumers are buying more healthy biscuits and individual slices, amid the media debate on sugar, according to a market report.
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New Britain Palm Oil reports strong trading, but uncertainty surrounds company future
New Britain Palm Oil (NBPO) has reported strong trading for the first half of 2014, however the company could face a new take over bid, after its biggest shareholder revealed it is disposing of its 48.97% stake in the company.
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NewsOnline confectionery sales soar
Consumers spend more than £100m on online confectionery, according to a report.
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NewsGreggs’ healthy sandwich range boosted by good weather
Greggs has seen sales of over £1m a week on its healthier range of sandwiches, helped by good weather, the company claimed.
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NewsGreggs sees turnaround for LFLs
High street bakery chain Greggs has reported a 3.2% increase in first-half like-for-like sales (LFLs), an improvement on its half-year 2013 LFL decline.
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NewsGreencore reports revenue growth and year expectations
Greencore Group has recorded revenue of £310.5m from its convenience food division, 8.7% higher than the prior year on a reported basis.
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Premier Foods profits welcomed, sales decline a worry
Premier Foods’ hike in first-half profits has been welcomed by a leading City analyst.