Keyword » food group

Multi-channel strategy reaps significant rewards for Finsbury

Cake, bread and morning goods manufacturer Finsbury Food Group has enjoyed a near 25% rise in group revenue for the financial year ended 2 July 2016, according to preliminary results from the company.

Bells Food Group completes first phase of investment

Scotland-based pastry manufacturer Bells Food Group has completed the first part of a three-year £3.6m investment that will double its pastry production.

Finsbury celebrates new licensed cake additions

Finsbury Food Group has created two new celebration cakes to coincide with the launch of two blockbuster movies this summer.

Finsbury Food Group reports near 25% sales jump

Leading UK speciality bakery manufacturer Finsbury Food Group has reported a rise in sales revenue of 24.8% to £319.7m for the full financial year ended 2 July.

Bakkavör sells Vaco

Fresh prepared foods manufacturer the Bakkavör group has agreed the sale of Belgian fresh prepared food business, Vaco, to Culinor Food Group.

New brioche buns from Kara

Kara, the foodservice brand of the Finsbury Food Group, has added two sliced brioche burger buns to its Gourmet range. 

Pies in space

Crewe-based Wrights Food Group has seen one of its pies sent into space as part of a project to support the 2016 KMF Young Engineer of the Year Competition.

2 Sisters affected by avian influenza

Birmingham-based 2 Sisters Food Group, which runs Holland’s Pies and Fox’s Biscuits, said avian influenza impacted its financial results for the year ending 1 August 2015.

Addo Food Group to remarket brands

Two of Addo Food Group’s brands, Wall’s Savoury Pastry and Pork Farms, are to be relaunched later this month.

William Jackson Food Group acquires health food brand

William Jackson Food Group has acquired healthy snacking and bread brand The Food Doctor for an undisclosed sum.

Riverside Bakery’s MD wins award

Deborah Bolton, managing director of Riverside Bakery, part of Addo Food Group, has won East Midlands Chamber’s Businesswoman of the Year award. 

Kara redesigns for bakery focus

Kara, the foodservice brand of the Finsbury Food Group, has redesigned its logo and strapline to reinforce its baking credentials. 

Former Morrisons director joins 2 Sisters

2 Sisters Food Group has appointed Martyn Fletcher, previously group retail director at Morrisons, to the newly-created role of chief operating officer of protein.

H1 sales up by 46% at Finsbury

Finsbury Food Group, the UK bakery group, has seen its total company sales increase by 46% to £156.6m in its first half.

Wrights Food Group doubles production capacity

Wrights Food Group has installed a £1.2m pie production line, which it says will double its pie production capacity.

Who ya gonna call? – Finsbury granted licence for Ghostbusters

Finsbury Food Group has become a UK licensee for this year’s Ghostbusters film.

Fox’s Biscuits sale speculation

Fox’s Biscuits, the UK’s fourth largest biscuit manufacturer, may be sold by owner Boparan Holdings, according to people close to the issue.

2 Sisters sees quarterly drop in sales and profits

Boparan Holdings – the owner of 2 Sisters Food Group, which runs Holland’s Pies and Fox’s Biscuits, saw sales slump by 3.5% to £778.3m in the three months to 31 October.

Left: finance and operations director, Ian Tatchell. Right: sales and procurement director, Graham Davenport
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Petrow opens Suffolk facility

Dried fruit and nuts supplier Petrow Food Group has opened an 80,000sq ft factory and warehouse at Haverhill, Suffolk.

Finsbury: analysing the results

Finsbury Food Group unveiled revenue and profit growth yesterday – but what were the drivers for the increases? Here British Baker analyses the performance of the bakery group in greater detail.

John Duffy, chief executive of Finsbury Food Group
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Finsbury shares up on preliminary results

Shares in Finsbury Food Group, the large bakery manufacturer and supplier, rose 25% yesterday after the company announced pre-tax profits had grown by 76% to £11.4m last year.

Profits and sales rise at ‘transformational’ Finsbury Food Group

Finsbury Food Group saw profit before tax soar by 76% to £11.4m last year, it revealed this morning.

Finsbury
John Duffy believes Johnstone's will help the group diversify
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Finsbury bolts on Scottish acquisition

Bakery giant Finsbury Food Group has today announced the completion of its acquisition of Johnstone’s Just Desserts (Johnstone’s), from administrator FRP Advisory. 

Finsbury’s share price hits highest level in a year

Finsbury Food Group’s share price closed yesterday (23 March) almost 6% higher than on opening that day at 73.6p, up 5.9%.

Finsbury Food Group: we could buy again

Finsbury Food Group could acquire further businesses in its bid to grow and has predicted there will be further consolidation in the bakery sector in the next five to six years.

Finsbury acquires Fletchers for £56m

The private equity-owned Fletchers Group of Bakeries has been sold to Finsbury Food Group for £56m – a deal which will create one of the largest specialist bakery companies in the UK.

IGD:
the convention hosted a line-up of conferences and events about the retail industry
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Simple strategies advocated by food company CEOs

Food company chief executives, speaking at the IGD Convention in London, agreed that keeping business strategies simple is important during a challenging economy.

Co-op sees positive food sales over Christmas

The Co-operative Group has seen a like-for-like (LFL) sales increase of 1% during the Christmas period following strong food sales.

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