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Greggs reported a 7% sales boost in its latest trading update

Greggs posts 7% sales boost after strong Christmas

By Matt Atherton

High street baker Greggs reported its 13th consecutive quarter of like-for-like sales growth after a strong festive period, as full-year sales increased by 7% in its latest trading update.

Cathedral City was expected to suffer a small volume decline in the first half

Dairy Crest’s key brands to deliver volume growth

By Michael Stones

Dairy Crest’s four key brands – Cathedral City, Clover, Country Life and Frylight – are expected to deliver combined volume growth in the first half of this year, according to the firm’s pre-close trading update for the six months to September 30.

Premier Foods

Premier targets growth, as bid talks continue

By Michael Stones

Premier Foods set out big growth plans this week, while reporting “constructive” talks with US spice manufacturer McCormick, which wants to buy the Mr Kipling manufacturer.

Eustice: 'The past year has been a rollercoaster ride.'

Dairy crisis

Eustice: dairy report pierces short term gloom

By Rod Addy

The Dairy All-Party Parliamentary Group’s (APPG’s) report, launched on March 3, “looks through short-term gloom to the long term potential” of the industry, MP George Eustice has claimed.

Cranswick's first half trading update revealed mixed results

Cranswick margin fall ‘a big surprise’: City

By Michael Stones

Pork processor Cranswick’s update on first half trading, released today (October 7), revealed “strong top line performance” but represented a profit warning, said City analysts Investec and N+1 Singer.

Tesco Harris + Hoole baristas serving customers

Tesco plays long game to develop business

By Rod Addy

Tesco will take time to see its business strategy pay off in many areas, one analyst claims, although he has expressed continued confidence in the international retailer to potential investors.

Hilton may emerge stronger from the horsemeat adulteration scandal, said Shore Capital

Hilton Food expects to benefit from horsemeat scandal

By Rick Pendrous

Meat packer Hilton Food Group, which supplies retailers such as Tesco, is expected to ride out the recent horsemeat contamination issue unscathed, following publication of its preliminary results for 2012 which showed sales up 5% to £1bn.

Reduced high street footfall coupled with consumers’ search for value prompted Greggs to respond by increasing promotion investment in its Meal Deals category

New stores drive up Greggs’ sales by 6%

By Mike Stones

The UK’s largest bakery chain Greggs reported sales up 5.8% to £701M and profits up 1.1% to £53.1M last year after it opened 84 new shops.

New shoots for green mission

New shoots for green mission

By Julian Hunt

In recent years the food and drink sector has been active in making genuine environmental improvements, focusing on the areas over which they have the most control. Such thinking underpins the Food and Drink Federation’s Five-fold Environmental Ambition,...

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