Finance

Tate & Lyle
Tate & Lyle sees profits plunge 30%
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Tate & Lyle suffers ‘challenging year’

Full-year profit and earnings at sucralose producer Tate & Lyle have taken a hit after a “very challenging year”. 

Bakkavor
A number of buyers are interested in stakes in Bakkavor
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Bakkavör to sell stakes in the business

A bidding war for a stake in UK convenience group Bakkavör is looming after reports of interest from a number of buyers, including private equity firms PAI Partners and Pamplona Capital. 

SSP sees UK LFLs growth

SSP, the leading food operator in travel locations worldwide, saw like-for-like sales (LFLs) grow by 3.7% in the UK in its first half.

West Cornwall Pasty Co has revamped its estate and offer
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West Cornwall Pasty Co sees 6% LFL growth

The new owners of West Cornwall Pasty Co have seen like-for-like (LFL) sales growth of 6% in the year since they took over, it has been revealed.

Patisserie Valerie, bakery, cakes
Patisserie Valerie has seen financial growth in the past six months
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Ebitda up 23% at Patisserie Holdings

Underlying profit increased by 23.1% to £8.7m at Patisserie Holdings in the six months to 31 March 2015.

Asda reports Q1 3.9% decline in LFL sales

Asda has announced a 3.9% fall in like-for-like sales in its first quarter, in what it describes at the “most challenging year yet” for UK supermarkets.

Convenience sector boost Greencore profits

Sandwich-maker Greencore has seen profits soar as its convenience food sector booms, despite a challenging market.

Premier Foods reports full-year losses, due to impairment of sweet sector

Food giant Premier Foods has increased its losses due to impairment charges, largely related to its sweet business, which includes the Mr Kipling brand.

BFP appoints new chief executive

Bakery ingredients supplier BFP Wholesale has appointed a new chief executive, it was revealed today.

Bako NW
Bako NW buys Northern & Scotland
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Bako NW buys Northern & Scotland

Bako North Western is to buy sister company Bako Northern & Scotland, it has been revealed. 

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