Finance

Aryzta
Aryzta posts financial results for the half-year to 31 January
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Aryzta sees demand for bakery in half-year results

Swiss bakery specialist Aryzta has announced a revenue increase of 17.2% to €1.86bn (£1.33bn) in its food group for the six months to 31 January 2015. 

‘Radical’ review of business rates launched

The UK Treasury has launched its largest review of business rates in the UK in ‘a generation’, a move that will affect 1.8m properties in England which currently pay the tax. 

Wafflemeister
Wafflemeister has 11 sites worldwide
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Waffle retailer reveals plans for expansion

Belgian waffle specialist Wafflemeister plans to double its UK sites in 2015 and reach £5m in revenue by year-end. 

Waitrose
Waitrose market share is up
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Investment curbs Waitrose profits, despite sales rise

Waitrose has posted an increase in gross sales of 6.5% to £6.51bn in its unaudited results for the 53 weeks ending 31 January 2015. 

Adelie Foods is behind the popular sandwich brand, URBAN eat
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Private equity firm snaps up Adelie Foods

Food-to-go giant Adelie Foods has been acquired by the European arm of global private equity firm, H.I.G Capital.

Dunkin Donuts
Dunkin' Donuts set for UK growth, according to Horizons
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Foodservice forecast to grow by £10bn in next four years

The UK foodservice sector is set for value growth of £10bn giving it a worth of £56.3bn by 2019, according to consultancy Horizons. 

Ocado has seen sales up nearly 20%
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Ocado sees sales up while average order value declines

Online retail giant Ocado has seen sales for the group rise by 19.2% to £271.1m, despite a decline in average order value.

Greggs
Greggs posts strong 2014 performance
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Greggs' results by numbers

High street bakery chain Greggs has posted its 2014 preliminary results including its best own-shop like-for like sales since 2007. 

Greggs
Greggs posts strong 2014 trading performance
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Greggs posts strong 2014 performance

The chief executive of high street bakery giant Greggs has praised “an exceptional step-up in performance” for the brand in 2014 as it revealed total sales were up 5.5% to £804m and own-shop like-for-like sales had risen 4.5%. 

Exclusive: Allied Bakeries’ chief executive to leave

The chief executive of Allied Bakeries is to leave the business – just weeks after parent company Associated British Foods (ABF) declared the UK bakery market “intensely competitive”.

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