Finance

Pictured (l-r): Cake Box CEO Sukh Chamdal, CFO Pardip Dass and COO Dr Jaswir Singh
  (Photo: Cake Box )

Cake Box store numbers and like-for-like sales grow

Egg-free cake supplier Cake Box has continued its expansion with the opening of nine franchise stores in the past six months.

Valeo buys Christmas pud supplier Matthew Walker

Valeo Foods Group is to buy the Matthew Walker Christmas puddings business from 2 Sisters Food Group

Genius losses fall following shift away from own-label

Free-from bread supplier Genius has cut its losses by 20% after restructuring its business over the past two years.

Wheat crop expected to exceed five-year average

The UK wheat harvest is expected to be more than a fifth larger than last year’s, according to the first crop estimate from the Department for Environment, Food and Rural Affairs (Defra).

Aryzta savouries

Aryzta grows in Europe, but suffers drag from US

Bakery giant Aryzta has slowed its fall in turnover in the past year, although the business has been hit by declines in its US operation.

London Food Corporation enters free-from market

London Food Corporation has entered the free-from market with the acquisition of gluten-free cereal and food manufacturer Big Oz.

Greggs further developing its evening meals offer

Greggs is developing its systems for supplying evening meals following ‘encouraging’ trials.

Cake Craft World Limited acquired by Dr Oetker

Dr Oetker has acquired cake decoration and sugarcraft supplies business Cake Craft World Limited.

Samworth Brothers margins are hit in ‘challenging year’

Profits at Ginsters and West Cornwall Pasty Co owner Samworth Brothers have fallen as a result of rising commodity costs and £18m in one-off charges.

Hovis results: refocus on bakery operation paying off

Hovis says it is benefitting from exiting the milling industry and focusing on its bakery operations.

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