Finance

Roberts Bakery: rebrand is beginning to deliver results
Roberts Bakery bosses say they are upbeat despite static revenue and a drop in profits.

Renshaw owner RGF makes further board changes
Real Good Food – owner of Renshaw and Brighter Foods – has made further changes to its board as it continues to improve its corporate governance.

Muntons to invest £4.5m in Stowmarket plant
Malted ingredients supplier Muntons is to invest £4.5m in its Stowmarket Suffolk plant to increase its malt extract capacity.

RGF fined £450k for Stock Exchange rule break
Renshaw and Brighter Foods owner Real Good Food has been fined £450,000 for breaching Alternative Investment Market (AIM) rules two years ago.

CSM UK revenue dented by fall in foodservice volumes
Strong competition in the foodservice market contributed to an £11m drop in revenue at bakery supplier CSM UK last year.

Greencore food-to-go sales up 7% in first half-year
Greencore has reported a strong performance from its food-to-go business in the first half of its financial year – although group revenue declined.

Bakkavor further ramps up baking industry presence
Samworth Brothers has sold its Blueberry Foods cake and desserts business to Bakkavor Group.

Increasing costs bring end of Choccywoccydoodah
Cake business Choccywoccydoodah has ceased trading and closed its stores in Brighton and Covent Garden.

Premier to sell cakes under new plant-based brand
Mr Kipling owner Premier Foods is looking to tap burgeoning interest in plant-based food with a new brand called Plantastic.

Pizza deal helps drive 15% sales growth at Greggs
An afternoon pizza deal and its vegan sausage roll have contributed to a 15.1% increase in Greggs’ sales.
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