Kingsmill owner Associated British Foods’s (ABF’s) operating profits will be ahead of last year, according to its trading update released today (September 12).
Allied Bakeries has managed to boost sales volumes but continues to experience ‘pricing challenges’, according to a trading update from parent company Associated British Foods (ABF).
The parent company for 2 Sisters Food Group has replaced Associated British Foods as the UK’s largest food and drink manufacturer, according to an index of 150 firms.
Allied Bakeries (AB) won’t be stung by Tesco’s decision to drop the bakery giant’s flagship Kingsmill bread brand, Nick Law, AB’s operations director has claimed.
Food and drink manufacturers must ensure their products continue to meet the needs of retailers and consumers or they risk a Kingsmill-style delisting, according to category management specialist Bridgethorne.
Strong profit performances by Associated British Foods’s (ABF’s) grocery and ingredients divisions and Primark will help to offset lower sugar prices and currency factors, predicted the food giant in a trading update today (September 8).
The closure of Allied Bakeries’ Orpington plant in Kent threatens up to 170 jobs and local MP Jo Johnson has demanded answers from Allied’s parent company Associated British Foods (ABF).
Dorset Cereals is likely to benefit from strong support and investment from Associated British Foods (ABF) following the latter’s agreement to acquire the company, according to one analyst.
A starring performance by clothes retailer Primark and strong growth in grocery helped Associated British Foods (ABF) lift its half-year group profits by £7M to £463M, despite a slump in its sugar business due to lower prices.
Weak sugar prices will be offset by a strong performance of its budget clothing business Primark, according to Associated British Foods’s (ABF’s) pre-close trading statement, covering the first half of its financial year to March 1 2014.
Plunging world sugar prices hampered sales growth for Associated British Foods (ABF) in the first quarter of its current financial year, but its Twinings and Allied Bakeries brands delivered strong performances.
Allied Bakeries’ deal to supply bread to Co-op stores has helped the grocery division of its parent company Associated British Foods (ABF) achieve 7% growth in the third quarter of its financial year.
Allied Bakeries is on target to commission its largest bread plant, with a capacity of 10,000 loaves an hour, at Walthamstow in East London this summer.
Food and fashion firm Associated British Foods (ABF) will report adjusted operating profit for the second half of its financial year “substantially ahead of last year”, thanks to a strong performance in sugar.
Higher sugar prices have lead to “encouraging” growth at Associated British Foods (ABF), according to city analysts, after the firm announced its latest financial results for the period ending January 7.
Jordans & Ryvita Company plans to raise the profile of its 'conservation grade' ingredient credentials over the next 12 months and steal market share from bigger players such as Nestlé and Kellogg.Paul Murphy, chief executive of the niche...
Reconciling retailers' expectations of a constant flow of exciting new products with the constraints of production lines has been a dilemma for plant bakers for many years.
The “bad news was no worse than expected” said analysts, after Associated British Foods (ABF) posted its third quarter trading update to June 25 2011 this morning.
Associated British Foods (ABF) has issued what stockbroker Shore Capital describes as a “rather subdued” trading update, following a disastrous UK beet sugar harvest
A multi-million pound programme to turn an old warehouse next to the Ryvita factory in Poole into a state-of-the-art manufacturing facility will be completed by next spring.
The controversial restructuring of Associated British Foods’ (ABF’s) Twinings tea division is progressing to plan with capacity expansion in China “well under way” and construction of a new €45m (£37.7m) factory in Poland planned to commission early next...
Profits from Associated British Foods’ (ABF’s) sugar business will be “substantially ahead” of last year driven by further growth in the EU and a strong improvement in China, the firm has revealed.
The first wave of job cuts at Twinings’ North Shields tea factory will begin in September after union bosses failed to persuade parent company Associated British Foods (ABF) to keep the plant open.
