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Finance

Greencore eyes ‘significant’ UK growth opportunities

Food-to-go giant Greencore has set its sights on “significant” growth through expansion and acquisition in the UK following the disposal of its US division.

Wheat plantings forecast to reach five-year high

High prices this year have encouraged growers to increase wheat plantings for the 2019 crop.

Biscuits and tea help boost Fortnum & Mason sales

British biscuits and loose leaf tea have helped drive the sixth successive year of double-digit sales growth at Fortnum & Mason.

Bakels opens new £10m Bicester distribution centre

Ingredients supplier British Bakels has opened a new £10m distribution centre in Oxfordshire.

Brook launches dedicated asset disposal department

Brook Food Processing Equipment has expanded its range of services with a department specialising in asset disposal.

Greggs expecting full-year profit before tax of £86m

Greggs is expecting to make a full-year profit of £86m following strong trading in October and November.

Greencore to focus on UK after completing US sale

Greencore Group has this weekend completed the sale of its entire US operation to an affiliate of Hearthside Food Solutions.

Aryzta first-quarter organic revenue edges up 0.3%

Frozen baked goods supplier Aryzta has reported modest organic revenue growth in its first quarter – and said this reflects the ongoing stabilisation of the business.

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.