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Krispy Kreme crisis increases losses

Alarm bells are ringing at the Krispy Kreme doughnut company after it announced a further $3 million loss in its third quarter amid fears that the company may have been...

Snack giants move into Romania

US giants PepsiCo and General Mills have bought their way in to the Romanian snacks market in anticipation of strong growth in the next few years, though analysts warn that...

ISP price hike for food-grade hydrocolloids

Food makers can expect to see the price of hydrocolloids continue to move upwards as suppliers, knocked by squeezed commodity supplies coupled with higher energy and transport costs, pass rises...

Specialist equipment gives Cranswick hope

UK food producer Cranswick has blamed its stuttering sandwich business and high costs for a drop in first half profits, but says it is quietly confident of further growth after...

UK launches public health drive

The British government has released its long-awaited policy paper on public health today with plans to tackle obesity, curb public smoking and address the way food companies target children through...

Low-carb disaster hits American Italian Pasta

Crumbling pasta sales and failed low-carb product launches have plunged America's leading dried pasta maker into the red for its fourth quarter and left the company barely breaking even for...

Orkla launches bid for snacks firm

Norwegian firm Orkla has closed in on a takeover deal for Finnish snack firm Chips with a view to dominating established snack industries in Scandinavia and rising markets in Russia,...

ABF full year beats forecasts

UK food and ingredients firm Associated British Foods has beaten full year profit expectations after posting double-digit growth against a backdrop of firmer commodity pricing and adverse currency movements. The...

Surging wheat prices halve Carr's profits

Huge increases in wheat prices have more than halved annual milling profits at top UK firm Carr's Milling Industries - yet the company is confident of getting back on track...

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...

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