Finance

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.

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