Swiss bakery business Aryzta has downgraded its full-year 2018 EBITDA, previously projected to be ‘broadly in line’ with last year, but now expected to be around 15% lower.
ABC has canceled the third season of ‘The Great American Baking Show,’ an American adaptation of the cooking competition TV series ‘The Great British Bake Off,’ after multiple former employees accused the show’s judge and celebrity chef Johnny Iuzzini...
Pre-tax profit at Tate & Lyle’s Speciality Food Ingredients (SFI) division took a hit in its first quarter from strikes in Turkey and lower volume sales in sucralose.
Canada Bread and its parent company Maple Leaf Foods were both harmed by weak fresh bakery volumes in the first quarter (Q1), negatively impacting companies' profits.
DS Smith has forecast its proposed €1.7bn takeover of SCA Packaging will double its annual revenues to more than €4bn (£2.2bn) and hailed the smooth progress of the deal.
Bakery ingredients supplier CSM’s planned restructuring programme to offset weak consumer demand will result in 500 job losses, revealed the company when releasing its Q3 interim statement yesterday.
GEA Group has forecast that China will become its leading market within the next few years as it highlighted growing demand from the emerging economic superpower as the driver behind a 12.7 per cent jump in orders.
Production of aluminium foil in Europe climbed by more than 16 per cent during the first half of 2010 as confidence continued to return to the market, said a leading trade association.
Faced with tough market conditions and mounting losses, Graphic
Packaging said yesterday it will close its Centralia, Illinois
laminations plant in the third quarter of 2005 and raise prices for
its board and resin products.