Finance

Finsbury revenue rises 4.7% driven by UK bakery market

New business wins, gluten-free bakery and NPD from licences including Harry Potter have helped drive growth at Finsbury Food Group.

Decline in Allied Bakeries’ operating loss and revenue

Operating losses at Allied Bakeries, which last year lost its largest own-label contract, have fallen in the past six months.

Hovis faces strike action in Belfast due to pay dispute

Employees at Hovis’ site on Boucher Road, Belfast are set to go on continuous strike from Friday (24 January) over a pay dispute.

Booths brownie and blondie Christmas tree bites were among the bestsellers
Booths brownie & blondie Christmas tree bites were among the bestsellers
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Booths’ Christmas bakery sales up as mince pies fly

Northern retailer Booths has reported a 9.1% increase in volume sales of bakery items for the four months in the run-up to Christmas.

Mr Kipling drives 2.6% sales growth at Premier Foods

Mini mince pies have helped increase Mr Kipling sales by 10% – the brand’s eighth consecutive quarter of turnover growth.

Bakkavor defies weak UK confidence to grow sales

Fresh food supplier Bakkavor Group has reported an uplift in sales despite a drop in underlying volume growth in the UK.

Finsbury UK bakery grows while overseas sales fall

UK bakery sales at Finsbury Food Group, manufacturer of cake, bread and morning goods for retail and foodservice channels, grew 5.8% for the six months ended 28 December 2019.

Profits increase at grains co-operative Openfield

Grains marketing co-operative Openfield has reported a slight rise in profits despite what it described as a challenging year.

Sharp slowdown in branded coffee shop growth

Brexit uncertainty and tough high street trading have taken their toll on branded coffee shop openings, according to a new study.

Warrens Bakery to focus on growth after agreeing CVA

Crisis-hit bakery business Warrens has agreed a Company Voluntary Arrangement (CVA) with its suppliers and landlords.

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