Keyword » growth

Genius buys frozen pie producer

Genius Food, the gluten-free bakery, has bought frozen pie-producer Chapel Foods in a £3.5m deal.

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.

Aldi and Lidl now hold a combined market share of 10%
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German discounters continue to thrive

Aldi and Lidl, the German discounters, hit a combined market share of 10% for the first time, according to a Kantar Worldpanel report.

Sainsbury’s reported a 17.9% drop in underlying profit before tax
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Sainsbury’s suffers drop in profit

Sainsbury’s underlying profit before tax plunged by 17.9% from £375m to £308m, according to sales figures for the 28 weeks to 26 September 2015.

Premier Foods has reported modest growth in its Sweet Treats division
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Premier Foods shows growth in sweet division

St Albans-based Premier Foods has announced slow growth for its Sweet Treats division, with a 0.8% growth from £93.1m to £93.8m for the 26 weeks to 3 October 2015.

M&S has posted nearly static LFL food sales
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M&S sees static LFL food sales

High street retail chain Marks & Spencer (M&S) has recorded virtually static like-for-like (LFL) food sales figures, with just 0.2% growth in the 26 weeks ending 26 September.

Barry Callebaut posts profit dip, warns on year ahead

Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).

Whitbread shares jump in value

Whitbread shares increased around 3.3% yesterday following the company reporting like-for-like sales (LFLs) growth of 3.6% for the six months to August 27.

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