2 Sisters Food Group has forged a licensing agreement with Premier Foods for the production, distribution, sales and marketing of its Hovis Breakfast Bakes range of breakfast biscuits.
Holland’s Pies has confirmed that 10 manufacturing staff will leave the Accrington firm as it bids to become “more efficient and competitive in the marketplace”.
Northern Foods says Facebook and Twitter helped its bakery division achieve a 6.8 per cent increase in underlying quarterly revenue.
Northern Foods and Kraft have successfully offset high commodity costs by focusing on core brands, while Weston Foods suffered an operating income decline of 30 per cent.
UK-based Northern Foods yesterday reported a Q3 3.5 per cent
revenue increase, avoiding the current commodity squeeze by passing
costs on to customers.
Global food manufacturer Northern Foods this week warned that it
faces price rises of up to ten per cent because of steep commodity
price increases in the UK.
Northern Foods today reported a 2.6 per cent decline in bakery
sales revenue in the 13 weeks up to 30 June.
UK food group Northern Foods is struggling in the competitive
domestic bakery market - adding heat to rumours it may be forced to
sell off its core Fox's biscuit brand.
Despite underperforming bakery operations, UK producer Northern
Foods has said trading is currently in line with expectations and
the group is on track to hit targets.
UK Northern Foods have today reported positive results after
selling off faltering businesses, enjoying organic growth of 3.2
UK bakery giant Northern Foods has disposed of its well-established
pastry and flour divisions in order to focus fully on the core
pizza, ready meals and sandwich sectors of its snacking empire.
Northern Foods reported a drop in bakery sales this week with the
sector falling 6.6 per cent from 18.6 per cent after a
disappointing performance for the quarter ended 30 September.
Northern Foods yesterday reported a 1.1 per cent drop in underlying
revenues for the quarter ended 30 September, as the UK-based
company continues to shed underperforming units.
Struggling bakery business Northern Foods has announced the closure
of a major bakery in a cost-cutting move that will axe 690 jobs.
In a further restructuring Northern Foods today announced it will
sell its chilled distribution business for £51.2 million.