Finance

Bakkavör reports “solid revenues” in Q1

Fresh prepared foods manufacturer Bakkavör has reported £415.8m revenue in its first-quarter results for the 13 weeks to 26 March.

Krispy Kreme agrees to US sale

The US doughnut company Krispy Kreme has agreed to be bought by Kenco coffee owner, JAB Holding, for £935m ($1.35bn).

Hotel Chocolat’s shares rocket following stock market debut

Hotel Chocolat, the upmarket confectioner, has seen shares surge after the company listed on the stock market for the first time this week.

Elizabeth Shaw bought by Colian

British chocolate brand Elizabeth Shaw has been acquired by Polish confectionery producer and distributor Colian Holding SA.

Partial sale of bakery supplier BFP Wholesale agreed

Part of the collapsed bakery ingredients supplier BFP Wholesale has been bought by a firm which is run by a director of Kent Foods for an undisclosed sum, British Baker can reveal.

Paul increases turnover to £28.7m

Turnover at French bakery and café Paul is up 17% in its results for the year ended 31 December 2015, and group turnover increased to £28.7m.

Greggs sales up thanks to sandwiches

Greggs, the high street bakery, has reported like-for-like (LFL) sales were up 3.7% for the first 18 weeks of the year, which it credited to hot sandwiches and breakfasts.

Food to go boosts sales at Morrisons

Morrisons has reported a second quarter of rising like-for-like (LFL) sales, as it continues to cut costs and prices, although total sales fell due to store closures.

West Cornwall Pasty Co sales up 20%

Pasty operator West Cornwall Pasty Co (WCPC) has reported like-for-like (LFL) sales are up 20% for the year ending 31 March.

Big four supermarkets see sales slide

The grocery market continues to struggle, with the big four supermarkets all suffering a drop in sales for the 12 weeks to 24 April, and Asda faring the worst according to Kantar Worldpanel. 

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