Boost for Greggs
Catering to Brits breakfasting on the run has helped push Greggs’ profits up by nearly 8% in the last year. The chain has sold more than 10 million breakfast rolls since it launched the breakfast meal deal last February. Preliminary pre-tax profit (52 w/e 1 January 2011) rose 7.9% to £52.5m on sales up 2.1% to £662m.
Rich site sets to work
Rich Products’ new UK site in Porchester is now operational. It produces toppings and icings for the UK and Europe and has just got national distribution through Bako and BFP Wholesale. The UK site is designed to mimic its US model, supplying everyone from major multiples to independent coffee shops.
Aryzta sees stability
Speciality bakery business Aryzta said a sales decline in Ireland and the UK was stabilising. For the first six months, ended 31 January 2011, the Swiss-based group saw revenue grow by 9.7% to 585.3m in its Food Europe division, with an acquisition contribution of 7.3%, and underlying revenue fall of 0.9%. EBITA grew 8.7% to 66m.
Allied’s green packs
Allied Bakeries is to introduce 100% recycled packaging on its Kingsmill Little Big Loaf and Crusts Away ranges. The packs will be made using clean off-cuts from the bread bag-making process, said the firm.