"Pleasing progress" with its newly opened pastry facility and strong pork prospects bode well for Cranswick’s future as it celebrates a successful third financial quarter (Q3), according to one analyst.
Diageo faces restructuring costs of up to £250M in order to deliver annual savings of £200M by mid-2017, as it struggles with emerging market challenges and falling beer sales.
The chance to engage with clients and design products and services attuned to the needs of food and drink manufacturers were just two of the reasons sponsors gave for backing the Food Manufacture Group’s Business Leaders’ Forum.
“The key driver should be the future integration of the business to add value to the whole,” Ben Mercer, partner corporate with the law firm, told the Food Manufacture Group’s Business Leaders’ Forum in London last week.
The weaker performance of Robinsons and J2O hit Britvic’s still drinks volume sales in its first financial quarter (Q1), struggling against rivals’ promotions, despite Fruit Shoot’s recovery.
Tesco, Sainsbury and 2 Sisters Food Group are among the firms contributing to a report published by Campden BRI designed to tackle the lack of training to fight microbiological food contamination.
Sainsbury ceo Justin King – who is widely credited with reviving retailer’s once flagging fortunes – is to quit the supermarket this July, after 10 years at the helm.
Flatulent cows sparked an explosion in a farm shed at Rasdorf in Germany, according to a report published by international news agency Reuters, indicating some of the risks inherent in dairy farming.
A flurry of UK food industry mergers and acquisitions (M&A) could take place in 2014 as sales already underway conclude and large firms seek to boost their equity.
The UK’s world leading position in plant science is in jeopardy from funding shortages and a lack of stable investment in essential skills, a new report from the UK Plant Sciences Federation (UKPSF) released yesterday [January 28] warns.
Morrisons has refused to confirm or deny reports that George Dymond, the man recruited to head its online grocery service, has resigned just weeks after starting his new role.
Trades union members at 2 Sisters Food Group’s Solway Foods Corby factory have voted overwhelmingly in favour of strike action over pay and conditions.
Strong UK convenience store sales and surging US growth have helped chilled food manufacturer Greencore achieve revenue of £320.5M for the 13 weeks to December 27 2013, up by 7.2% on the previous year.
Food industry mergers and acquisitions (M&A) are set to grow this year, with particular focus on mid-market activity in the UK, according to Ben Mercer, corporate partner with the law firm Stephenson Harwood.
A cheese manufacturer has been fined £8,000 for safety failings after a worker injured his leg and ankle after falling from the forks of a forklift truck.
Food manufacturers are facing greatly increased audit costs, as a direct consequence of the horsemeat crisis, Richard Clothier, md of Wyke Farms, told the Business Leaders’ Forum earlier this month.
Improving domestic food safety was one of the main motivations of the Chinese government in acquiring food manufacturing businesses around the world, a lawyer for Stephenson Harwood told the Food Manufacture Group’s Business Leaders’ Forum.
Karro Food Group has abandoned the voluntary Dead Weight Average Pig Price (DAPP) sample, dealing another major blow to the scheme following Cranswick’s shock withdrawal last week.
Premier Foods’ £87.5M joint venture with the US-based Gores Group has drawn a mixed reception from leading City analysts, as the manufacturer confirmed trading profit for the year ended December 31 would be in line with market expectations.
The Scottish government has expressed its disappointment that more than 200 jobs look set to go at 2 Sisters Food Group’s Coupar Angus poultry plant in Scotland.
Breakfasts targeting satiety or indulgence will rise in popularity this year, according to Celia Holt, food director at product development consultancy Food Innovation Solutions (FIS).
Workers at the Gaymer Cider Company in Shepton Mallett, Somerset have claimed “victory” in their pay dispute with owner C&C Group, after being offered an unconditional 3% pay increase.
Mondelēz International won't rule out job cuts in the £75M overhaul of its Cadbury Bournville plant near Birmingham, as it seeks to modernise production and improve efficiency there.
Cake and bread bakery goods manufacturer Finsbury Food Group predicts profit will be in line with market expectations in the first half of its current financial year, ended December 28 2013.
Aerosol ham, self-cooking meals and non-melting ice cream are among the innovations consumers would like to see from food manufacturers, according to an independent survey by market analyst TNS.
A workplace fall suffered by a 67-year old employee – who had worked for the company for more than 50 years – has led to a £4,000 bill for a Suffolk potato business.
Cranswick’s decision to pull out of the Dead Weight Average Pig Price (DAPP) could mean complete “disarray” for pig prices, industry bosses have warned.
Soft drinks maker AG Barr's strong sales and successful debt reduction put it on track to meet its aim to double its size in the coming year, according to analysts.
The government could support food exports more, Melanie Leech, director general of the Food and Drink Federation (FDF), claimed, shortly before Lord Livingstone pledged more trade backing.
Demonising food products is dangerous and focusing on the importance of positive nutrients is vital, according to Jon Poole, ceo of the Institute of Food Science & Technology.
Morrisons is refusing to confirm or deny reports that its group treasurer Paul Coyle has been arrested on suspicion of insider dealing, in advance of the supermarket’s partnership with online grocer Ocado.
Campaigns against sugar lack the science to back the extreme messages they use to promote their agenda and could confuse consumers, Food and Drink Federation (FDF) director general Melanie Leech has said.
Horsemeat, the waning power of retail giant Tesco and 2 Sisters Food Group’s acquisitions featured in the review of 2013, at Food Manufacture’s Business Leaders’ Forum from its chair Paul Wilkinson.
Trades union Usdaw said it was “saddened” to hear of the 140 job cuts planned at breakfast cereal giant Kellogg’s Wrexham factory, part of a global business restructure.
Food manufacturers’ organisation the Food and Drink Federation (FDF) has slammed a Channel 4 programme on sugar – screened earlier this week (January 20) as – “highly misleading”.
Bright Blue Foods aims to cut 57 jobs as it closes its Manchester bakery, which makes slab, loaf and Christmas cake, and shift production to other sites to improve efficiency.
The cultivation of a lean manufacturing culture of continuous improvement is often hampered by firms “cherry picking” what they implement, according to Jeff Williams of business consultancy SA Partners.
McDonald’s has stressed its commitment to sustainable beef supply standards and practices a year after the horsemeat affair began, claiming it aims to strengthen industry farming practices.
Tough new rules regulating food manufacturers’ use of fat, sugar and salt – initially in children’s food – will be introduced if Labour wins the next general election.
