Finsbury Food H1 results: revenue and profits rise

Finsbury Food Group has reported a 4.7% hike in operating profits in the 26 weeks ending 30 December 2017.

Bako North Western in drive for new shareholders

Bakery supplier Bako North Western Group is aiming to secure new shareholder members following a shake-up of its capital structure.

Coveney takes US lead role in Greencore shake-up

Greencore boss Patrick Coveney is to split his time between the UK and the US as the business announces a restructure of its US operations and leadership.

Eid family buys back Signature from Aryzta

Signature Flatbreads has bought out its joint venture partner Aryzta.

Aryzta profits crash in wake of rising costs and US woes

Earnings at baked goods supplier Aryzta have fallen by almost a third as the business looks to turn around its performance.

Probe launched into Co-op delistings and charges

Groceries Code Adjudicator Christine Tacon has started an investigation into the Co-operative Group over delistings and the introduction of quality control charges.

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.

ABF: Allied recovering loss but Ryvita under pressure

Allied Bakeries is continuing to make progress in recovering its losses, according to owner Associated British Food (ABF).

Finsbury Food Group secures £45m debt facility

Finsbury Food Group has refinanced its debt facility with an eye to exploring future growth opportunities.

Brook Food Group opens New Zealand office

Somerset-based bakery equipment supplier Brook Food Group has opened its second overseas branch.

Trade mission explores export opportunities in India

Cake supplier The English Cheesecake Company has taken part in a trade mission showcasing export opportunities in India.

Italian firm Granarolo buys Midland Food Group

Chilled and frozen food wholesaler Midland Food Group (MFG) has been acquired by Italian dairy business Granarolo Group.

The company supplied a range of puddings
  (Photo: The Ultimate Food Co )

Pudding firm Ultimate Food Co enters administration

Christmas pudding supplier The Ultimate Food Company has entered administration after trading for more than 30 years.

Openfield profits down in tough trading conditions

A weak harvest has contributed to a £3.3m loss at grain supplier Openfield.

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.

Booming food-to-go market drives growth at Greencore

Soaring food-to-go sales have driven a 9.2% rise in reported revenue for Greencore’s UK and Ireland operations.

Aryzta cites Brexit pressure as it issues profit warning

Aryzta has warned its earnings will be down 15% year on year, but insists revenue is ‘relatively’ stable.

Allied Bakeries recovering losses, reports ABF

Allied Bakeries has made “some progress” in reducing its previously announced losses, according to its parent company.

Finsbury UK sales up as overseas business dips

Finsbury Food Group has said it is maintaining its focus on offsetting cost increases after reporting a 2.5% rise in revenue in the last six months of 2017.

Nomad Foods to acquire Goodfella’s Pizza

Nomad Foods is to buy Goodfellas pizza supplier Green Isle Foods from 2 Sisters Food Group.

Premier Foods Q3: Cadbury and Mr Kipling sales decline

Premier Foods’ Mr Kipling and Cadbury cake sales have fallen in the past three months – although the business has reported strong growth in its own-label cake business.

How was 2017 for Britain’s bakery industry?

British Baker wants you to say what the past 12 months have meant for the retail bakery market.

Coffee shop market up 7.3% despite Brexit pressures

More than 1,200 coffee shops were opened in the UK in the past year, according to a new study.

Margin pressure continues to push up bread prices

The average price of a large loaf of wrapped bread has risen 6p in the past year as rising costs put pressure on Britain’s bakers.

Paul UK raises over £13k for food charity campaign

Paul UK has raised £13,280 for The Felix Project’s ‘Help a Hungry Child’ campaign from sales of its breads.

Kluman & Balter acquired by distributor Brenntag

Bakery ingredients suppliers Kluman & Balter and A1 Cake Mixes Limited have been acquired by global chemical distribution giant Brenntag.

RGF secures new funding after making £6.7m loss

Haydens and Renshaw owner Real Good Food has secured further funding after announcing a loss of almost £7m in the first half of 2017.

How was 2017 for Britain’s bakery industry?

British Baker wants you to say what the past 12 months have meant for the retail bakery market.

Puratos acquires fillings and sauces firm Fruitapeel

Lancashire-based fruit fillings and sauces supplier Fruitapeel has been acquired by Puratos.

Review of the year 2017: April to June

As the year draws to a close, we look back at some of the major stories that have impacted the baking industry in 2017.

Pieminister to boost capacity and open new sites

Pieminister is acquiring new plant and machinery and opening three new restaurants after securing £1.65m in financing.

Coopland & Son set for expansion with £8.5m investment

Coopland & Son is set to open 30 new shops in three years across the north of England following a £8.5m external investment from investors Business Growth Fund (BGF).

Review of the year 2017: January to March

As the year draws to a close, we look back at some of the major stories that have impacted the baking industry in 2017.

Graze sales up 8% on UK and US expansion

Sales at snack brand Graze have risen 8% year on year as the business extends its presence in the UK and US.

Wheat planting area predicted to dip in 2018

The area of UK wheat planting is expected to fall slightly in 2018.

Snacking helps drive 20% growth in Greencore food-to-go

Greencore, which claims to hold a 60% share of the UK grocery sandwich market, has reported almost 20% growth in its food-to-go sales in the past year.

Aryzta European business continues to outpace US

Group revenue at global baking business Aryzta has slumped 5.5% in the first quarter to €909.7m (£812m).

Patisserie Holdings reveals plans to boost production

Patisserie Valerie owner Patisserie Holdings is looking at options to increase production, including a manufacturing site in Manchester and in-store baking of morning goods.

Tale of two export markets: cake booms as bread falls

Exports of UK-produced cakes have soared almost 20% year on year in the past quarter – but bread exports have slumped 15%.

SSP has worked with Paul Hollywood to open the Knead concept in London
  (Photo: Paul Hollywood )

Air passenger growth drives UK sales hike for SSP

Strong growth in the air sector has helped drive a 4.8% hike in full-year UK revenue for Starbucks and Upper Crust travel sites operator SSP.

Finsbury revenue up 4% despite overseas sales dip

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

McVitie’s and Tesco set up charity campaign

McVitie’s has teamed up with Tesco in a partnership with charities Fareshare and The Trussell Trust.

Barry Callebaut bucks declining chocolate market

Chocolate supplier Barry Callebaut has bucked a declining overall EMEA chocolate market to grow its volumes 6.4%.

Former bakery boss disqualified from running a business for five years

A former director of The Royal William Bakery in Plymouth has been disqualified from running a business for the next five years after failing to pay more than £130k in tax bills.

Bakery equipment firm EPP in management buyout

Bakery equipment supplier European Process Plant (EPP) has completed a management buyout led by managing director Steve Merritt.

New stores and Express sites drive Costa growth

Estate expansion and the introduction of a new range of breakfast food have helped grow sales at the Costa chain.

Bells Food Group invests £500k in cake bakery expansion

Bells Food Group has spent £500k to create a dedicated cake bakery at a former council depot in Shotts, Scotland.

Real Good Food to move HQ and review costs as margins take hit

Real Good Food has announced it is to move its HQ and that it now expects to make a loss in the current financial year.

JJ Food Service launches foodservice credit card

National wholesaler JJ Food Service has launched a credit card.

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