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Finance

Fortnum & Mason enjoys busiest year in store history

Luxury retailer Fortnum & Mason has seen a 14% increase in overall sales for the year up to July 2014, compared to last year.

Gail’s opts for private over public growth

Gail’s Bakery has reportedly ended talks of stock market flotation, and will now focus on growing the business privately.

Crepe firm plans broad international growth

London-based Crepeaffaire is on the verge of major UK and international expansion plans with four new UK sites in the next four months.

Branded sales down for 2 Sisters

2 Sisters Food Group, owner of Fox’s Biscuits, has seen a fall in branded sales, down 3% for the full year.

Discounters continue to dominate, as overall grocery declines

Aldi and Lidl have continued to storm the grocery market, despite an overall decline in the sector since Kantar Worldpanel records began in 1994.

Bakkavör bakery investment continues amidst revenue hike

Bakkavör has outperformed the food market, boasting a 4% growth in like-for-like revenues for the 39 weeks ended 27 September 2014.

Underlying profits and LFLs down at Sainsbury’s

Supermarket group Sainsbury’s this morning unveiled a 2.1% fall in like-for-like sales and said underlying profit had dropped by 6.3% to £375m.

Carr’s Milling hails record profits

Carr’s Milling Industries has announced another year of record profits in 2013/14, with EBITDA up 9.1% to £20.4m.

Tate & Lyle
Tate & Lyle profits tumble

Ingredients manufacturer Tate & Lyle has announced a 40% fall in first-half adjusted pretax profit at the top end of its range. 

Barry Callebaut
Barry Callebaut sales volume up 11.8%

Swiss chocolate maker Barry Callebaut increased sales volume by 11.8% in the year to 31 August 2014, helped by the integration of the cocoa business acquired in June 2013. 

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