Finance

Hovis considers more cuts to combat an expected fall in demand
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Hovis threatens to cut more Wigan jobs

Hovis workers in Wigan have been hit with fresh woes after it was announced cut-backs were putting 111 jobs at risk.

SSP reports 3.7% LFL growth

SSP, the travel location food and drink brand operator, has reported a like-for-like (LFL) sales increase of 3.7% for the year ended 30 September 2015.

Finsbury celebrates 78.1% revenue increase

Finsbury Foods, the retail and foodservice bakery group, has reported UK bakery revenue growth of 8.7% for the first four months of its financial year.

Paul and Katrina Allan of Murdoch Allan with Brian O'Shea of Asda (centre)
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Scottish bakers celebrate Asda listings

Three Scottish bakeries are celebrating new listings worth an estimated £275,000 in total as Asda grows its locally sourced bakery range.

Ian Firth (left), business development manager for Bibby Distribution, shakes hands with Mark Owen, logistics director at Roberts Bakery
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Roberts Bakery secures logistics deal

Roberts Bakery, the Cheshire-based firm, has agreed a deal with logistics provider Bibby Distribution, which will allow it to supply customers further afield than ever.

Genius buys frozen pie producer

Genius Food, the gluten-free bakery, has bought frozen pie-producer Chapel Foods in a £3.5m deal.

Greencore Group has recorded a 10.6% rise in group operating profits
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Greencore announces factory investment following strong sales

Greencore Group, the convenience food manufacturer, has reported a 10.6% rise in group operating profits to £91.7m for the year ended 25 September 2015.

Bakkavör sees revenue and underlying profit growth

Bakkavör, a leading food manufacturer, has unveiled 16% growth in its third-quarter underlying profit.

Losses surge at Tesco coffee shop offshoot

Tesco is having to commit millions of pounds to keep solvent a rapidly expanding, loss-making coffee chain it part owns.

City analyst upbeat over Premier’s latest results

A leading City analyst has described the turnaround in revenue at Premier Food as “no mean feat” given the challenging FMCG climate.

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