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.
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 set out big growth plans this week, while reporting “constructive” talks with US spice manufacturer McCormick, which wants to buy the Mr Kipling manufacturer.
City analysts have praised soft drinks company Britvic for its 7% growth in earnings before interest, tax and amortisation (EBITA) to £65M despite the tough market conditions and technical problems it has experienced.
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.
Pork and pastry firm Cranswick has revealed “another strong year” in preliminary results for the 12 months to March 31, according to City analyst Investec.
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 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.
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.
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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Greencore has moved into the sushi market with the acquisition of Liverpool-based Sushi San for an undisclosed sum.Sushi San, which employs about 20...