RGFC moves up
The Real Good Food Company has seen continued growth in its bakery and bakery ingredients businesses. However, reduced sugar cost levels in the market have led to a 19% drop in sales in its sugar business, Napier Brown. The company’s bakery ingredients arm, Renshaw, saw sales up 13%, while Haydens Bakeries saw larger sales growth of 20% for the six months to 30 June 2010.
Aryzta’s profits hit
Declining revenues in the UK’s convenience retail and foodservice markets has hit speciality bakery business Aryzta’s profits. The Swiss-based firm reported an 8.2% drop in underlying revenue, to 1,072bn for its Food Europe business, with operating profit down 2.9% to 131,245m for the full year to 31 July 2010.
Norbert Dentressangle has been appointed by foodservice supplier Brakes Group to distribute its frozen goods. The company will be responsible for delivering product destined for Brakes’ 25 distribution centres throughout the UK.
Display turns a corner
After two years of cutbacks, the Shop and Display Equipment Association says that 72.2% of its members registered an increase in sales over the last six months compared with the previous six months, while 63.9% of respondents reported an increase in business year-on-year.