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Finance

Cake Box revenue and profits rise more than 40%

Sales at egg-free cake supplier Cake Box – which this year listed on AIM – have risen 44% year on year to £8.3m in the six months to 30 September.

New contracts drive 23% profit growth for SSP Group

New contracts and robust sales growth have driven a 22.7% rise in underlying operating profits at travel site operator SSP Group.

Aryzta €800m share offer attracts 97.4% take-up

Frozen bakery giant Aryzta has raised almost €800m through a share offer.

Patisserie Holdings reveals new chief executive as Paul May steps down

Patisserie Holdings has announced that chief executive Paul May has resigned with immediate effect.

Tim Hortons’ first franchise site to open in Scotland

Tim Hortons has secured its first franchise partner, who will open a site in Scotland by the end of the year.

Evron set for expansion following Bama investment

UK bakery business Evron Foods Group is set to expand following investment by US baked goods manufacturer Bama Companies.

Premier cakes business hit by logistics problems

Mr Kipling owner Premier Foods has revealed its cake business has been hit by issues with its new warehousing operation.

Premier Foods chief exec Gavin Darby to step down

Gavin Darby is to step down as boss of Premier Foods less than four months after he saw off a bid to oust him from the role.

Barry Callebaut sales grow ahead of chocolate market

Chocolate and cocoa products supplier Barry Callebaut has increased its sales volumes by 6.3% in the past year – ahead of the 1.8% increase in the overall chocolate confectionery market.

‘Unacceptable’ losses at Allied Bakeries, reports ABF

Losses at Kingsmill owner Allied Bakeries have remained “unacceptable” in the past year, according to parent company Associated British Foods (ABF).

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