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Bakkavor posts 2% growth boosted by fresh prepared foods

Bakkavor has posted 2% like-for-like revenue growth to £1.65bn for its financial year ended December 26 2015, boosted by a strong performance in UK fresh prepared foods.

Dairy Crest praised for flat sales and volume growth

Dairy Crest has been praised for its “very commendable” financial performance by City analyst Shore Capital, after it posted broadly flat sales and volumes up 2% in the “challenging” dairy...

Real Good Food acquires patisserie for £1.75M

Real Good Food has snapped up Devonshire frozen dessert manufacturer Chantilly Patisserie for £1.75M as part of its strategy to enter new markets through acquisitions.

Scottish soup firm secures £250k Tesco deal

Cumbernauld-based The Scottish Soup Company has secured a £250,000 deal to supply Tesco stores throughout Scotland.

BREXit

Food prices ‘will not be affected by Brexit’

Food prices in the UK would not go up, should voters choose to leave the EU in the forthcoming referendum on membership, according to a leading agricultural economist, who claimed...

Business Leaders' Forum

Food business leaders more outward-looking this year

Food and drink business leaders were more outward-looking at this year’s Business Leaders’ Forum (BLF) ahead of a “positive” year in the food industry, despite various challenges it faces.

Business Leaders’ Forum

Business Leaders: 'one person was missing'

One person was missing from the Food Manufacture Group’s Business Leaders’ Forum, according to Joanne Denney-Finch, chief executive of grocery think tank IGD. That person was the shopper, it was...

Business Leaders' Forum

Greencore boss warns against Brexit

A potential UK exit from the EU would have an economically damaging impact on the UK food and drink manufacturing sector, the boss of the world’s largest sandwich maker has...

Business Leaders' Forum

Market uncertainty will hinder M&A in 2016

Market conditions may not be favourable for food and drink mergers and acquisitions (M&A) this year, despite the need for further consolidation in the sector, a leading analyst has claimed....

Hilton predicts more growth in 2016

Hilton Food Group, the international specialist meat packing business, has predicted a “positive” 2016 as it released a trading update last month for the 53 weeks to January 3 2016, which exceeded...

Dale Farm reports sliding profits, despite increased turnover

Dale Farm, Northern Ireland’s biggest dairy business, has reported a decline in pre-tax profits for 2015 because of challenging market conditions, including falling milk prices worldwide, despite growing turnover by...

Business Leaders’ Forum

Business Leaders: ‘premier event in food calendar’

The Business Leaders’ Forum (BLF) – organised by the Food Manufacture Group – has grown to become “probably the premier event in the food calendar”,  according to host sponsor DWF.

Premier Foods’s share price is ‘undervalued’

Premier Foods’s share price is undervalued and fails to reflect recent business improvements, according to City analyst Shore Capital.

25p easyFoodstore forced to close by bargain hunters

The new 25p easyFoodstore was forced to close yesterday, after hundreds of bargain hunters cleared the shelves of its London store.

Business Leaders' Forum

National Living Wage will hit small food firms

The National Living Wage (NLW) – which comes into force in April – will place extra costs on many small food and farming businesses, already struggling to cope with other...

EasyJet founder launches 25p discount food store

EasyJet founder Stelios Haji-Ioannou has opened a no frills, discount food store – called easyFoodstore store – to complement his cut-price airline and travel businesses.

BRF completes £34M Universal Meats acquisition

Brazilian food giant BRF has completed its £34M acquisition of Kent food manufacturer Universal Meats, as part of its globalisation plan.

Rebel Kitchen acquires Unoco to continue growth

Free-from coconut milk manufacturer Rebel Kitchen has acquired raw coconut water brand Unoco for an undisclosed amount, boosting its growth.

Sainsbury’s £1.3bn bid for Argos owner

Sainsbury has agreed the key terms of a £1.3bn offer for Argos owner Home Retail in a bid to create a food and non-food retail giant.

Food ingredients producer Macphie in foodservice growth

Macphie has claimed to be “back on track” after weak dairy sector pricing and foodservice growth enabled the company to return to 2013 profit levels.

Business leaders' forum

What keeps Wyke Farms boss awake at night?

What keeps Wyke Farms md Richard Clothier awake at night? “Everything”, he tells us in this disarmingly frank video interview. But his particular concerns focus on the availability of labour and...

Real Good Food issues profit warning

Real Good Food has issued a profit warning after it claimed a company restructure has had a short-term negative impact on margins.

Opinion

Food industry bosses want UK to stay in EU

The big beasts of industry are starting to nail their colours to the mast as we move towards a referendum on the UK’s continuing membership of the EU.

Britvic and AG Barr both score growth

Beverage manufacturers Britvic and AG Barr have both reported revenue growth over the “competitive” festive period.

Business Leaders’ Forum

Four food and drink industry surprises of 2015

A shift in power from retailers to their suppliers, leading to a better year than expected, was one of four key surprises that shaped the UK food and drink industry...

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