UK cake maker Finsbury Food Group has seen its annual sales propelled by new product development and contract gains in the back half of last year. The company booked a 9.4% increase in sales for the year to 30 June, which rose to GBP207m ...
Tags: Finsbury Food Group, annual sales, product development, food industry
Hain Celestial has today (22 August) been announced as the buyer of Premier Foods plc's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter. The US food group had been linked to Premier's spreads business, ...
Tags: Hain Celestial, Premier Foods plc, peanut butter, food industry
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
UK baker Warburtons has extended its Half & Half bread offering with the launch of a medium loaf. Half & Half Medium joins Warburton's Toastie loaf launched last month. The baker said it is hoping the launch will drive further growth in ...
Tags: Warburtons, bread offering, medium loaf, food product
UK baker Warburtons has appointed Nestle UK's head of chocolate, Mark Simester, to the post of marketing director. Simester will join Warburtons in October, replacing Richard Hayes who left in January. Simester is well-placed to ...
Tags: Warburtons, Nestle UK, chocolate, food market
Hain Celestial is to sell its UK sandwich business Daily Bread to Adelie Food Group in return for the local firm's prepared fruits business. The US group said the deal with Adelie, which supplies products including salads, quiches and ...
Tags: Hain Celestial, sandwich business, fruit business, food industry
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
The UK government said today (10 July) there needs to be "a culture change" in the food industry to ensure the country can produce food sustainably amid "soaring" population growth. UK farming minister Jim Paice called on all in the ...
Tags: culture change, food industry, food, farming
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
Nature's Pride, the American bread brand owned by Hostess Brands, is rolling out a new packaging for its wide-pan Hearty Breads, featuring simplified nutritional benefits, in order to help consumers make better informed choices. All the ...
Tags: new packaging, food packaging, Nature's Pride, food product
Gluten-free food manufacturer Dr Schar has opened its first manufacturing facility in the US. The European firm has seen strong growth in demand for gluten-free products in Europe and the company said the opening of the New Jersey-based ...
Tags: food manufacturer, manufacturing facility, gluten-free products
Australasian food company Goodman Fielder has agreed to sell Champion Milling in New Zealand for NZ$51m ($42.43m) to Nisshin Flour Milling, a leading miller in Japan. This deal is a part of the company's plan to focus on core categories ...
Tags: food, sell, Champion Milling, flour, flour milling
US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...
Shares in Dutch food group CSM closed up today (8 August) after the company reported half-year profits that beat analyst forecasts and it provided an update on the planned sale of its bakery business. CSM shares finished 3.05% higher on ...
Tags: Dutch food, bakery businesses, net sales
Success in cutting costs quicker than expected, as well as an increase in underlying half-year sales and profits, helped drive Premier Foods plc's shares this morning (7 August). The UK food group said it now expects to cut costs by ...
Tags: cutting costs, UK food group, Premier Shares