Finance

Tesco suffers record loss

Tesco has posted a record £6.4bn annual pre-tax loss for the year to the end of February.

CMA gives provisional clearance for Pork Farms merger

The Competition & Markets Authority (CMA) has provisionally cleared Pork Farms Group’s acquisition of chilled savoury pastry business Kerry Foods.

Sugar
Tate & Lyle repositions business for maximum return
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Tate & Lyle readjusts global focus

Tate & Lyle has announced a major realignment to focus on speciality food ingredients amid a significant restructuring of its Splenda sucralose business. 

Sugar
ABF's sugar arm weakened and profitability hit
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ABF recoups ‘lost volume’ for Kingsmill

Associated British Foods (ABF) has claimed that “lost volume” following Tesco’s de-listing of Kingsmill sliced last month has “been replaced elsewhere”. 

Pret A Manger
Pret A Manger posts strong year-end results
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Pret A Manger reveals strong full-year performance

Sandwich chain Pret A Manager has reported a 9.7% increase in like-for-like sales in the 52 weeks to 1 January 2015. 

Mr Kipling boosts Premier’s performance

Premier Foods continues to show improved trading performance in Q1 as master brand Mr Kipling “remains the star”.

Puratos extends ingredients offer with Italian acquisition

Ingredients and bakery firm Puratos has acquired Italian ingredients specialist Bakery Future Lines (BFL), as it plans to expand production and meet consumer demand.

Biscuit firm keeps sale option open

Thomas J Fudge, biscuit maker, has revealed it has been working with corporate adviser Grant Thornton about the potential sale of the business to achieve growth plans.

Carr's mill in Kirkcaldy
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Carr’s Group praises its flour mills

Carr’s Group, the farming and food conglomerate, said its flour mills had delivered an ‘excellent performance’ in its first half.

Co-op
The Co-operative Group sees rise in food sales
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The Co-op achieves solid performance

The Co-operative food business delivered a 0.4% increase in like-for-like sales overall for the 52 weeks ended 3 January 2015. 

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