Major cost-cutting at US-based Sara Lee boosted operating profits
at its bakery division by 36 per cent over 2005 but sales were down
on the previous year after a 53rd week in 2004 swelled turnover.
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 to company growth. But the
praise hides a relatively average...
Flowers Foods, the US baked goods producer, is to buy the
Houston-based bread and bun production facilities of compatriot
Sara Lee, including the rights to supply own label and foodservice
customers in the local market.
