Finance

Premier Foods profits welcomed, sales decline a worry

Premier Foods’ hike in first-half profits has been welcomed by a leading City analyst.

Premier Foods sales drop amid Mr Kipling relaunch

Premier Foods, which produces Mr Kipling cakes, has seen sales drop 6.1% in the six months to 30 June 2014 as it plans a relaunch of the famous cake brand.

Anglia Maltings acquires Micronized Food Products

Anglia Maltings has acquired food and cereals manufacturer Micronized Food Products (MFP) for an undisclosed sum.

Bakery giant buys Ecuadorean Bread Maker

Worldwide bakery company Grupo Bimbo has acquired Ecuadorian brand Supan.

Carrs optimistic over performance

Carrs Milling Industries is performing in line with expectations, the company said today.

Bettys Tayloes Harrogate
Bettys & Taylors posts 'excellent' figures for the year to October 2013
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Bettys enjoys 12% increase in turnover

Bettys & Taylors, the bakery and café chain based in Harrogate, has revealed turnover rose by 12%, equating to £149.1m in the year ending October 2013.

Kingsmill grows share amid ‘challenging’ trading

Associated British Food (ABF), the parent company of Kingsmill, has achieved market share growth with the bread, as group revenue dropped 2% on last year.

Competition:
Supermarket war keeps prices consistantly low
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Supermarket price war keeps food prices low

Food prices rose by just 0.6% last month - the lowest rise ever according to figures from the British Retail Consortium (BRC).

LFL sales up:
M&S are still on track to open 150 Simply Food stores
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Marks & Spencer food sales continue to grow

Total food sales at Marks & Spencer (M&S) were up 4.2%, and like-for-like sales were up 1.7% in the in the 13 weeks to 28 June.

Callebaut sales increase
Barry Callebaut:
The company have also opened a new factory and academy earlier this month
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Chocolate firm reports strong sales growth

Global chocolate producer Barry Callebaut saw sales increase by 22% to CHF4.3m (£2.8m) in the first nine months of its financial year.

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