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Inter Link strives to fill UK cake market gap

A golden opportunity in the UK cake market has led one of the country's top cake makers to try and raise a speedy £8.5 million in cash so it can...

Profits up at Tate & Lyle on strong sucralose gains

Month-on-month growth for Tate & Lyle's zero calorie sweetener combined with a faster than expected decline in European cereal prices helped the UK firm post a high single-digit rise in...

Carr's doubles flour business

A major UK milling company is set to double the size of its flour business by acquiring two new flour mills, giving the company a good footing in new regional...

Weaker US bread consumption hits Novozymes sales

A fall in bread consumption in the US impacts sales for food enzyme leader Novozymes in the third quarter with the Danish firm reporting a 7 per cent fall in...

Hiestand sales thriving on innovation and efficiency

New products, a promising joint venture and rapid distribution have put Swiss baker Hiestand in a commanding position at the end of the year, and the good times are set...

New products help Kellogg to sustainable growth

Kellogg reported a solid 7 percent increase in its earnings for the third quarter with the North America region also putting up a strong performance thanks to the successful introduction...

Wholegrain bolsters Sara Lee bakery sales

US-based food producer Sara Lee has announced a solid 4 per cent sales rise for the first quarter of fiscal 2005 and highlighted its bakery business as a strong contributor...

Bakery Services scraps new cafe chain

An upmarket cafe chain devised by UK company Bakery Services to haul the firm out of the red and take the pressure off another key business has been scrapped after...

CSM cuts costs at German bakery unit

European bakery ingredients leader CSM will chip away at its German subsidiary as the firm announces job cuts and restructuring efforts to bring about savings and underline its focus on...

Kraft's earnings suffer despite healthy efforts

Despite attempts by Kraft Foods to give the company a healthier image, earnings fell for the fifth straight quarter as higher commodity costs and retail price pressures took their toll.

Greggs offsets costs with sales rise

The UK's leading retailer of bakery-related products, Greggs, has announced better-than-expected sales for the 18 weeks to 16 October, helping the company to hold off rising costs.

Novis marketing alliance to expand Russian news service audience

The need of ingredients and equipment suppliers to reach Russian food manufacturers is becoming increasingly urgent, but in the absence of established B2B advertising channels, few avenues have been open....

Investment key to IAWS bakery profit rise

Cunning investment, joint ventures and an expanding foods division have helped Irish baked goods and agribusiness group IAWS to increase pre-tax profits by 19 per cent for the year to...

Sweetener business booming for Tate & Lyle

Month-on-month growth for Tate & Lyle's zero calorie sweetener will offset a dip in figures at the firm's European starch operations as long term investment in added-value ingredients starts to...

Interstate struggles on despite bankruptcy petition

The largest wholesale bakery in the United States, Interstate Bakeries, has filed for bankruptcy amid a tide of mounting debts, rising costs and falling sales, but the company's new fix-it...

General Mills profit decline indicates industry-wide trend

General Mills is the latest food manufacturer to report a decline in net profit this year, and again the blame goes on raw material price hikes and fierce competition in...

Majority Aarhus slice up for sale?

The majority shareholder in Danish vegetable oil firm Aarhus United could soon place its considerable stake on the market, citing a potential difference in long-term investment interests.

Nutrinova raises sorbate prices

German-based ingredients firm Nutrinova has announced a double-digit price hike for its sorbate range of additives, used increasingly by global food developers to preserve food products such as confectionery and...

Yeast acquisitions hold up profit for UK ABF

Despite a warning in April that raw materials and currency would have an impact on second half earnings, the UK ingredients firm Associated British Foods, which in July laid down...

Inter Link reports cake sale rise

The meteoric rise of Inter Link Foods continues as the company confirmed its status as Britain's thrid biggest cake-maker by announcing another sales increase since April.

Karlshamns buys up British flaked fats

Swedish oils and fats firm Karlshamns, which saw its profits slip at the end of 2003, has acquired UK flaked fats company Kelanco, and with it a drive into value-added...

Sugar firm buys stronger position in cake ingredients

In a move to focus on its retail business, Swiss baking aid firm Hero has sold UK bakery ingredients division Renshaw Scott to UK sugar ingredients company Napier Brown Foods.

Aarhus sees improving sales in first half

First half sales at Aarhus United fell 3 per cent, eroded by price competition in bulk oils, but improved volumes, particularly in Mexico, and reduced costs helped it generate solid...

Krispy Kreme running out of ideas?

Krispy Kreme is fast becoming the lame duck of the New York Stock Exchange as investors desert the US maker of doughnuts amid concerns over the rising levels of obesity,...

Healthy results for Kerry

Ongoing demand for healthy products helped Irish food and ingredients firm Kerry to a strong first half performance. And with recent acquisitions pushing it into other high growth sectors, there...

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