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Finance

Biscuit firm keeps sale option open

Thomas J Fudge, biscuit maker, has revealed it has been working with corporate adviser Grant Thornton about the potential sale of the business to achieve growth plans.

Carr’s Group praises its flour mills

Carr’s Group, the farming and food conglomerate, said its flour mills had delivered an ‘excellent performance’ in its first half.

Co-op
The Co-op achieves solid performance

The Co-operative food business delivered a 0.4% increase in like-for-like sales overall for the 52 weeks ended 3 January 2015. 

Aldi
Aldi bypasses Waitrose in supermarket leaderboard

German discounter Aldi has leapfrogged Waitrose in the leaderboard to become Britain’s sixth-largest supermarket. 

Bakkavör sees corporate credit rating upgraded

Chilled food and bakery producer Bakkavör has seen its corporate credit rating rise from a B- (positive outlook) to B (stable).

‘Healthy treating’ to boost quick-service bakery, finds study

The quick-service bakery market (QS bakery) is to see an accelerated growth rate this year, with the concept of “healthy treating” becoming “key” to driving incremental increases in visits.

Marks & Spencer
M&S food enjoys ‘excellent’ Q4 sales

Marks & Spencer (M&S) delivered an “excellent” performance on food in its fourth quarter as food sales were up 3.7%. 

Tate & Lyle
Tate & Lyle investment results in higher net debt

Ingredients manufacturer Tate & Lyle reported net debt to be around £34m higher than expected, as group profit sank “modestly” in its year to 31 March. 

Barry Callebaut
Barry Callebaut outpaces chocolate market in latest results

Chocolate giant Barry Callebaut Group has outperformed the chocolate market in its half-year results. 

Napier Brown
Real Good Food in talks over sugar division

Real Good Food, owner of UK sugar distributor Napier Brown, is “in discussions regarding a transaction” regarding its sugar arm that would “strengthen its balance sheet”. 

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