High street baker Greggs reported total sales up by 8.6% in third-quarter results to September 30, attributing the rise partly to supply chain improvements.
Nutrition firm Glanbia reported a 9.9% rise in group revenue, at constant currency, to £1.67bn (€1.85bn), after starting a new joint venture, and selling 60% of its Dairy Ireland business.
Convenience food manufacturer Greencore reported a 77% rise in sales to £636.5M in its third-quarter trading update, driven by its acquisition of Peacock Foods in the US.
2 Sisters Food Group’s parent company, Boparan Holdings, reported a 17.8% drop in like-for-like operating profit in its second quarter trading update, blaming currency fluctuations and the “very tough” trading environment.
Tate & Lyle plc has been ordered to pay £18M in damages to American Sugar Refining (ASR) by the Commercial Court in London after the US firm acquired its EU sugars business.
High-street baker Greggs has wowed City analysts after it reported own shop, like-for-like sales up by 5.4% for the 11 weeks to September 13, compared with a 1% fall for the same period last year.
Fresh food manufacturer Bakkavör has blamed a key contract loss from retailer Asda for its decision to cut 140 jobs at its English Village Salads (EVS) business in East Yorkshire.
144 hourly-paid staff have opted to take voluntary redundancy while a further 35 salaried staff have been made redundant at Bakkavör's Bourne Prepared Produce site in Lincolnshire.
