Finance

Barry Callebaut
Juergen Steinemann expects challenging times
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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
M&S: good growth in food
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M&S food shows strong sales growth

Marks and Spencer (M&S) food business has reported like-for-like sales are up 1%. 

AB Mauri:
"strong turnaround" for the ingredients firm
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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
United Biscuits: sold to Yildiz
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United Biscuits sold to Yildiz

The sale of United Biscuits (UB) to international biscuit manufacturer Yildiz Holding has been confirmed. 

Macphie
Creations to be made with Macphie ingredients
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Scottish ingredients firm enjoys rise in turnover

Independent bakery ingredients manufacturer Macphie has reported a 3.5% growth in turnover to £44.4m. 

UK living wage increases
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‘Living wage’ rate raised by 20p

The UK “living wage” has been raised by 20p to £7.85 an hour.

Starbucks
Starbucks: 19th consecutive quarter rise of 5% or more
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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. 

NBPO:
the company have a Liverpool plant
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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 Coffee growth continued in H1
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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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