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Finance

Competitive wrapped bread market takes £25m toll on Warburtons

Warburtons’ turnover fell more than £25m last year as the “increasingly competitive” wrapped bread market impacted the business.

Thomas the Baker raises £10k for British Heart Foundation

Yorkshire-based Thomas the Baker has presented a cheque for £10,000 to the British Heart Foundation.

Costa sales up 8.7% as Whitbread records ‘good start’ to year

Whitbread has reported an 8.7% hike in total sales at Costa in its first-quarter results for the 13 weeks to 1 June.

Tale of two markets: Aryzta European sales rise as US business falls

Group sales at global bakery business Aryzta have remained flat despite growth in its European division.

SSP Group sales rise 8.1% to more than £1bn

Profits at Starbucks and Upper Crust travel sites operator SSP have soared by almost a quarter as sales break the £1bn mark.

Patisserie Valerie sales up 16% as store openings continue

Patisserie Valerie owner Patisserie Holdings has reported double-digit increases in revenue and profits.

Jempson’s and The Rye Bakery merge baked goods production

Sussex retail and café business Jempson’s is to create a ‘state of the art’ bakery operation in partnership with The Rye Bakery.

Premier Foods FY results: ‘challenging’ year brings £12m profits slump

Full-year profits at Mr Kipling owner Premier Foods have fallen by almost 10% in what the company described as a challenging year.

Weak sterling and high sugar prices drive 19% ABF revenue hike

Allied Bakeries owner Associated British Foods (ABF) has reported 19% year-on-year growth in revenue to £7.3bn in the first half of its financial year.

Bakery packaging supplier Pulse Flexible Packaging to lose 150 jobs

Pulse Flexible Packaging, which supplies businesses including Walkers Shortbread and Samworth Brothers, is to start production again after entering administration earlier this month.

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