Finance
Barry Callebaut sales volume up 11.8%
Swiss chocolate maker Barry Callebaut increased sales volume by 11.8% in the year to 31 August 2014, helped by the integration of the cocoa business acquired in June 2013.
LFLs slump again, Morrisons insists it’s on track
Like-for-like sales suffered a 6.3% slump in the 13 weeks to 2 November 2014 at under pressure supermarket Morrisons.
M&S food shows strong sales growth
Marks and Spencer (M&S) food business has reported like-for-like sales are up 1%.
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.
United Biscuits sold to Yildiz
The sale of United Biscuits (UB) to international biscuit manufacturer Yildiz Holding has been confirmed.
Scottish ingredients firm enjoys rise in turnover
Independent bakery ingredients manufacturer Macphie has reported a 3.5% growth in turnover to £44.4m.
‘Living wage’ rate raised by 20p
The UK “living wage” has been raised by 20p to £7.85 an hour.
Starbucks sees 5% LFL sales growth in Q4 with UK at forefront
Coffee giant Starbucks has reported a 5% rise in global like-for-like sales with a “particularly strong performance in the UK” in Q4.
Independent panel gives thumbs-up to NBPO offer
A panel of independent advisors has described the potential £1.1bn takeover offer for New Britain Palm Oil (NBPO) as “fair and reasonable”.
Costa underlying profit up 20.5%
Costa Coffee, the Whitbread-owned chain, saw its first-half underlying profit increase by 20.5% to £52.4m, it revealed today.
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