Keyword » results

Greggs' vegan-friendly sausage roll, launched last week
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Greggs raises expected profit after strong Q4

Strong sales of mince pies and its Festive Bake have helped boost profit expectations at food-to-go business Greggs.

Finsbury to invest to meet demand for ‘artisan’ bread

Finsbury Food Group is to invest further to meet demand for artisan-style bread – and said it was committed to growing its business through further acquisitions.

US woes take toll on profit growth at Greencore

Greencore profit growth has been dented in a “challenging” half year by problems in the firm’s US operation.

Black magic: charcoal pizza helps to boost Bakkavor

Strong sales of bread and pizza – including a charcoal base launched into Waitrose stores – have helped drive growth for Bakkavor.

Greggs: 2018 will be a year of record investment

Greggs is to make £45m of capital expenditure in 2018 as it continues the consolidation of its manufacturing and logistics operations.

RGF warns of £3.5m loss following weak end of year

Real Good Food has warned it is set to make a £3.5m earnings loss following poor trading at the end of last year.

New initiatives and passenger numbers drive SSP UK growth

Group revenue at Starbucks and Upper Crust travel sites operator SSP grew 13.5% in the last quarter of 2017.

Finsbury revenue up 4% despite overseas sales dip

Finsbury Food Group has reported a 4% hike in group sales in the past four months.

Burton’s revenue and earnings down following Cadbury licence sale

A fall in revenue at Burton’s Foods has been driven by the disposal of the licence to produce Cadbury biscuits, and a drop in savoury biscuit sales.

Greggs: trade boosted by improved service and availability

Greggs has said its new forecasting and replenishment system has boosted product availability for customers.

Paul UK bucks ‘challenging conditions’ to grow 12%

Store refurbishments and new product development have helped drive growth at bakery and café chain Paul UK.

Premier Foods Q1: Cake sales growth offset by grocery brands decline

New gluten-free Mr Kipling products have helped drive growth in Premier Foods’ cake division – although a steep drop in sales of grocery lines has dragged down the company’s overall performance.

Greencore H1 revenue breaks £1bn barrier – but UK profits are flat

Revenue at food-to-go business Greencore has soared following the acquisition of US company Peacock Foods.

Premier Foods FY results: ‘challenging’ year brings £12m profits slump

Full-year profits at Mr Kipling owner Premier Foods have fallen by almost 10% in what the company described as a challenging year.

Greggs trading update: Food-to-go continuing to drive growth

Greggs says its “growing strength” in food-to-go has contributed to a 4.2% hike in like-for-like sales through its company-managed stores in the past year.

Upper Crust operator SSP to launch Paul Hollywood bakery concept

Starbucks and Upper Crust operator SSP has secured an agreement with Paul Hollywood to open a new bakery concept called Knead.

Patisserie Holdings sales break £100m barrier as store openings continue

Sales at Patisserie Valerie owner Patisserie Holdings have topped £100m for the first time as the business continues to grow its chain of bakery stores and cafés.

Amaze Bites were described as the standout performer
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Premier to launch Cadbury Choc Tarts following 4.1% cake sales hike in H1

Premier Foods is to extend its Cadbury range with Cadbury Choc Tarts following another strong performance from its cakes division.

Greencore sales up 10.6% in strong food-to-go market

Sandwich and convenience food giant Greencore has reported a surge in revenue as demand for food to go remains strong.

Profits up for ABF post referendum

Allied Bakeries owner Associated British Foods (ABF) has reported 5% year on year growth in group revenue to £13.4bn in the 53 weeks to September 17 2016.

Fourth consecutive quarter of LFL growth at Morrisons

Morrisons – which was crowned In-store Bakery Retailer of the Year at the Baking Industry Awards in September – has reported its fourth consecutive increase in like-for-like sales.

Barry Callebaut stays bullish amid ‘difficult’ European market

Chocolate giant Barry Callebaut Group said it bucked a difficult trading in Europe to grow sales of its products to food manufacturers.

Costa continues multiple channel strategy as sales rise

Costa’s total UK retail sales rose 10.1% in the first half of 2016/17 amid total revenue growth for Whitbread of 8.1% to £1.6bn in the six months to 1 September 2016.

Burton’s loses sales and market share as it shuns deep discounts

Burton’s Foods - producer of brands including Maryland and Jammie Dodgers - has said it lost share in the sweet biscuits market in 2015 after refusing to participate in aggressive category price cuts.

Tesco continues growth curve amid competitive environment

Supermarket giant Tesco 'is regaining competitiveness' in its core UK business as it records a seventh consecutive quarter of growth.

High gluten consumption for babies could enhance coeliac disease risk

Babies who consume high amounts of gluten products before the age of two are at higher risk of developing coeliac disease, according to researchers.

AHDB results reveal rise of on-the-go breakfasts

On-the-go options are driving growth in breakfast consumption, according to the Agriculture & Horticulture Development Board’s (AHDB's) latest consumer insight article.

Bakkavör enjoys Q2 revenue increase

International food manufacturer Bakkavör has seen revenues rise 3.2% to £438.7 million in its second-quarter (Q2) results for the 13 weeks ended 25 June 2016, compared with the same 2015 period.

ABST Awards winners from UCB
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ABST Awards results

Bakery students were feeling rightly celebratory at this year’s Alliance of Bakery Students and Trainees (ABST) conference, and British Baker was there to see the great and the good pick up their awards.

5 things to learn from Patisserie Holdings

Patisserie Holdings, which owns the high street bakery chain, released its results today. We take a closer look at what they mean for Patisserie Valerie. 

Top ten hot cross buns

No Easter would be complete without them – now Cambridge Market Research has published the results of a consumer blind taste test to see which hot cross bun is best.

Another record year for Patisserie Holdings

Patisserie Holdings, the company behind a host of high street chains, has delivered another “record” year after its underlying profit increased by 22% to £18.8m.

City analyst upbeat over Premier’s latest results

A leading City analyst has described the turnaround in revenue at Premier Food as “no mean feat” given the challenging FMCG climate.

Waitrose
Waitrose sees LFL sales drop in first half
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Waitrose sees drop in first-half LFLs

Waitrose has revealed that like-for-like sales were down by 1.3% in its first half, as it insisted cut-price techniques were not hitting profits. 

Tesco beats expectations as sales decline slows

Outlook for Tesco is looking up as the retailer boasts an improved sales performance in its first quarter trading update.

Paul UK
Paul UK at Waterloo Road
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Paul reports big jump in turnover

Artisan bakery chain Paul UK has revealed EBITDA has climbed 19.2% to £4.3m for the year ended 31 December 2014. 

Tate & Lyle
Tate & Lyle sees profits plunge 30%
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Tate & Lyle suffers ‘challenging year’

Full-year profit and earnings at sucralose producer Tate & Lyle have taken a hit after a “very challenging year”. 

Patisserie Valerie, bakery, cakes
Patisserie Valerie has seen financial growth in the past six months
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Ebitda up 23% at Patisserie Holdings

Underlying profit increased by 23.1% to £8.7m at Patisserie Holdings in the six months to 31 March 2015.

Convenience sector boost Greencore profits

Sandwich-maker Greencore has seen profits soar as its convenience food sector booms, despite a challenging market.

Greggs new style 'bakery-to-go' shop
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Greggs turns in another robust performance

Greggs the bakers has posted another set of “strong” trading results, with like-for-like sales up 5.9%- ahead of its expectations.

Greggs
Greggs posts strong 2014 trading performance
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Greggs posts strong 2014 performance

The chief executive of high street bakery giant Greggs has praised “an exceptional step-up in performance” for the brand in 2014 as it revealed total sales were up 5.5% to £804m and own-shop like-for-like sales had risen 4.5%. 

Mr Kipling
Mr Kipling second half 2014 relaunch credited with strong results
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Premier Foods praises Mr Kipling performance in final quarter

Premier Foods has highlighted power brand Mr Kipling as its ‘stand-out performer’ in its latest trading results for the quarter to 31 December 2014. 

Ocado sees Christmas sales soar
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Successful Christmas for Ocado

Ocado has seen a bumper Christmas, processing nearly 40% more items for Ocado.com and Morrisons.com than over the same period last year.

Real Good Food bullish despite profit drop

The ongoing dispute with a rival sugar company has continued to impact on Real Good Food’s (RGF’s) financial results, as the group showed a pre-tax profit loss of £5.2m.

ON THE UP: SSP brands like Upper Crust are performing well
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Sales 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.

AB Mauri:
"strong turnaround" for the ingredients firm
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ABF reports turnaround for ingredients division

Associated British Foods (ABF) has described its bakery ingredients business AB Mauri as making a “strong turnaround” in its year-end results.

Macphie
Creations to be made with Macphie ingredients
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Scottish ingredients firm enjoys rise in turnover

Independent bakery ingredients manufacturer Macphie has reported a 3.5% growth in turnover to £44.4m. 

Caffe Nero
Caffe Nero: gross profit up 10.4%
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Caffé Nero revenue up as it eyes new sites

Italian coffee shop chain Caffé Nero has posted an 8.8% rise in revenue to £222.4m as it looks to add around 40 stores next year. 

Thorntons:
the chocolate company hope for a positive full year despite sales drop
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Thorntons reports sales slump

Thorntons has reported an overall sales decrease of 11.9% in its first quarter.

British sugar dispute still impacts RGFC sales

Bakery ingredients supplier The Real Good Food Company (RGFC) reveals sales are still being impacted by ‘anti-competitive’ behaviour by British Sugar, part of Associated British Foods (ABF).

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