Finance

Barry Callebaut sales grow ahead of chocolate market

Chocolate and cocoa products supplier Barry Callebaut has increased its sales volumes by 6.3% in the past year – ahead of the 1.8% increase in the overall chocolate confectionery market.

‘Unacceptable’ losses at Allied Bakeries, reports ABF

Losses at Kingsmill owner Allied Bakeries have remained “unacceptable” in the past year, according to parent company Associated British Foods (ABF).

Aryzta shareholders approve €800m funding

Frozen bakery giant Aryzta has secured approval for an €800m fundraising plan by a narrow margin.

Eaton’s Patisserie aims to double turnover to £6m

Cake and desserts supplier Eaton’s Patisserie is aiming to double its turnover after moving to a new site.

Samworth Brothers to buy 2 Sisters sandwich factory

Food manufacturing company Samworth Brothers is to acquire 2 Sisters Food Group’s Manton Wood sandwich business.

Budget 2018: here’s what bakers need to know

Bakeries may be left counting the cost of a proposed plastics levy and an increase in national living wage following yesterday’s Autumn Budget 2018 (29 October).

Peyton and Byrne saved from administration

Artisan bakery and café chain Peyton and Byrne Bakeries has been rescued from administration.

Patisserie Holdings finance director Chris Marsh resigns

Patisserie Holdings has announced that Chris Marsh has resigned from his position as finance director.

Patisserie Holdings winding up order dismissed

A winding-up petition against Patisserie Holdings’ trading subsidiary Stonebeach Limited has been dismissed by the courts.

Aryzta responds to Cobas attack on funding plan

Frozen baked goods supplier Aryzta has hit back following a challenge by its largest shareholder over plans for the company to raise €800m.

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