Keyword » group

Co-op profits down by over 50%

Profits at the Co-op Group more than halved to £17m in the first six months of the year, hit by the group's three-year plan to rebuild the business.

Eoin Tonge, CFO, Greencore

New CFO for Greencore

Convenience food and cakes and desserts manufacturer Greencore Group has appointed Eoin Tonge as chief financial officer and as a director of the group with effect from 3 October 2016.

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.

Centre-back row - Peter Wright CEP Wrights Food Group; centre holding the hamper - Robin Edwards, chairman of South West Cheshire Scout Group
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Wrights Food presents hamper to local scouts group

Crewe-based Wrights Food Group has presented a Cheshire scout group with a special commemorative hamper as part of the company’s 90th anniversary celebrations.

Abbey make two appointments to senior team

Bulk food transport service provider Abbey Logistics Group has announced two new members to bolster its team.

British Sugar selects new bulk transporter

British Sugar has chosen a UK provider of bulk food transport services, Abbey Logistics Group, to manage its bulk sugar movements across the nation in a long-term deal.

Carr's Kircaldy flour mill at night

Carr’s Food sold to Whitworths

Agriculture, food and engineering group Carr’s has announced the disposal of its food division, Carr’s Flour Mills Ltd, to flour milling business Whitworths Holdings Limited (Whitworths) for a gross consideration of £36m.

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.

Greencore reaps benefits of food to go

Food to go has continued to drive sales for manufacturer Greencore Group’s convenience division.

Carr’s reports 1.6% rise in food

Carr’s Group, the agriculture, food and engineering business, has issued a trading update for the year ending 3 September 2016, with performance in line with the board’s expectations.

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.

Biscuits Bouvard acquires Pidy

Pidy, the Belgian pastry products business, has been acquired by French operator Biscuits Bouvard Group. 

Thirty three go coast to coast for GroceryAid

Thirty-three cyclists undertook a 333km expedition from Whitehaven to Whitby to raise funds for GroceryAid.

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.

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.

Central Bean expands

Coffee shop chain Central Bean is set to expand beyond its north east stronghold.

Aryzta profits up 0.9%

Swiss-Irish bakery group Aryzta Food Solutions, the company behind brands including Delice de France, has reported a 0.9% rise in underlying revenue.

New Subway at Southampton hospital

The new Subway store at University Hospital Southampton offers patients and visitors freshly prepared subs, flatbreads and salads.

Renshaw partners with software provider

Baking ingredients manufacturer Renshaw has partnered with Coventry-based PCMS Group to help manage and build client relationships. 

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.

KWS launches high-yield biscuit wheats

KWS Wheat has launched two new wheat varieties that offer high yields of grain suitable for biscuit and cake flours.

Food to go boosts sales at Morrisons

Morrisons has reported a second quarter of rising like-for-like (LFL) sales, as it continues to cut costs and prices, although total sales fell due to store closures.

New boss for software specialist

Fresh food supply chain software specialist Linkfresh has appointed Andy Makeham as chief executive officer.

Pret sales up thanks to breakfast

High street coffee chain Pret A Manger’s financial results for the 52 weeks to 31 December 2015 showed group sales were up 13.9% year on year (YOY) to £676.2m (+7.5% like-for-like). Ebitda was up 14.5% to £84.3m. 

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. 

Tesco records first quarterly sales growth in three years

Supermarket giant Tesco reported a £162m pre-tax profit for the year to 27 February, its first quarterly sales growth since 2013.

Carr’s Group ekes out profit rise despite fall in revenue

Carr’s Group has reported a small 0.5% rise in operating profit to £9.6m for the six months ended 27 February 2016, despite a 9.4% plunge in revenue to £189.1m.

Co-op boss takes pay cut as profits dip

The Co-operative Group has reported 3.3% underlying profit growth in food sales, up to £250m for the 52 weeks to 2 January 2016.

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.

Costa reports slowing sales

The high street coffee shop chain’s owner, Whitbread, has blamed mild weather for disappointing sales.

Brakes Group sold to US firm for £2.2bn

Brakes Group, the food supplier that had purportedly been considering a flotation, has been sold to US company Sysco in a deal worth $3.1bn (£2.2bn).

Bakkavor delivers strong ebitda growth despite revenue slump

Food manufacturer, Bakkavor, has seen adjusted UK ebitda grow 10% from £112.9m to £124.1m for the 52 weeks to 26 December.

Reducing reoffending with bread

The Freedom Bakery is a new Glasgow-based social enterprise that gives training and employment to recently released ex-offenders.

New director for Finsbury

Finsbury Foods, the retail and foodservice bakery group, has a new non-executive director in Marnie Millard.

William Jackson reports pre-tax profit of £18m

William Jackson Food Group (WJFG) has seen pre-tax profits rise to £18m for the year ending 25 April 2015, from £15.8m the year before.

New £100M investor for Bakkavör

An American hedge fund has invested in excess of £100M in Britain’s biggest prepared fresh foods supplier.

Premier Foods reports strong Q3 sweet treats sales

Premier Foods, the St Albans-based food group, posted positive Q3 sales growth of 6.5% for its sweet treats division against the backdrop of a virtually static group performance of 0.1% growth.

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.

Enormous challenges at Carr’s

Carr’s Group has faced “enormous challenges as a result of the flooding”, the company’s first-quarter trading update has confirmed. 

Who ya gonna call? – Finsbury granted licence for Ghostbusters

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

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.

SSP reports 3.7% LFL growth

SSP, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 3.7% for the year ended 30 September 2015.

Finsbury celebrates 78.1% revenue increase

Finsbury Foods, the retail and foodservice bakery group, has reported UK bakery revenue growth of 8.7% for the first four months of its financial year.

Greencore Group has recorded a 10.6% rise in group operating profits
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Greencore announces factory investment following strong sales

Greencore Group, the convenience food manufacturer, has reported a 10.6% rise in group operating profits to £91.7m for the year ended 25 September 2015.

Bakkavör sees revenue and underlying profit growth

Bakkavör, a leading food manufacturer, has unveiled 16% growth in its third-quarter underlying profit.

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.

RGF returns to profit

Real Good Food (RGF) has reported a profit before tax of £9.3m for its first half – compared with a loss of £4.7m for the same period last year.

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