Finsbury Food Group - food industry company news 
Quote, unquote: just-food's week in words
27 January 2012
The UK government this week launched a series of measures, drawn up with industry, to drive the food sector's growth overseas. The so-called export action plan came in the week that food and drink giant Princes announced a venture in Italy and UK confectioner Zetar opened its first sales office in Europe. Zetar's CEO outlined the company's Continental sales target to just-food and, in a further interview with a top executive, Spar International MD Dr Gordon Campbell told us about the symbol retailer's expansion plans in India.
UK: Finsbury H1 sales jump, warns on margins
23 January 2012
UK cake maker Finsbury Food Group today (23 January) revealed a 16% jump in half-year sales but said input costs was continuing to put pressure on margins.
UK: Costs hit Finsbury Food Group margins
24 November 2011
UK cake and bread manufacturer Finsbury Food Group has seen margins squeezed by input costs in the first four months of its financial year.
UK: Cost recovery vital despite profit rise - Finsbury
26 September 2011
UK cake maker Finsbury Food Group said today (26 September) that clawing back costs is "imperative" despite reporting an increase in annual profits.
UK: Finsbury FY sales up but margins under pressure
26 July 2011
Shares in Finsbury Food Group have jumped after the UK baker posted a near 13% increase in annual sales, although the company did admit margins were under pressure.
UK: Cake recovery boosts Finsbury earnings
23 March 2011
Improved sales from Finsbury Food Group's cake division boosted the UK firm's profits in the first six months of its financial year, the company said today (23 March).
UK: Genius, Vogel's brands boost Finsbury H1 sales
21 January 2011
UK cake maker Finsbury Food Group recorded an increase in first-half sales today (21 January), boosted by strong growth from the firm's Genius and Vogel's brands.
UK: Finsbury forms joint venture with Genius
23 December 2010
UK cake maker Finsbury Food Group has entered into a joint venture, through its United Central Bakeries and Livwell subsidiaries, with Genius Foods.
UK: Bread, free-from fires Finsbury sales
30 November 2010
Sales of bread and free-from products have boosted turnover at UK baker Finsbury Food Group.
UK: Genius Foods to launch GBP3m ad campaign
15 October 2010
Genius Foods is to launch what it claims is the first television advertisement for a gluten-free bakery brand in the UK.
just the facts - The gluten-free bakery sector
14 October 2010
UK baker Warburtons has revealed plans to launch a range of gluten-free products. As consumer diets and innovation changes, here we take a closer look at the gluten-free bakery sector.
UK: Finsbury chief points to "progress" after mixed FY
30 September 2010
The chief executive of Finsbury Food Group, the UK cake maker, today (30 September) insisted the company had made progress during the last 12 months despite a fall in sales.
UK: Trading down hits Finsbury sales
29 July 2010
UK cake maker Finsbury Food Group has posted a drop in full-year sales as trading was affected by consumers trading down.
The battle among UK bakers
7 May 2010
As the pressures of weak consumer spending continues and major UK retailers embark on a promotional war to win shoppers, the lowly loaf of bread is at the centre of a fierce price battle on grocery shelves, writes Michelle Russell.
UPDATE: UK: Premier targets 2010's biggest FMCG launch
16 April 2010
Premier Foods plc is aiming for its Hovis Hearty Oats bread line to be the biggest FMCG launch in the UK this year, the company said today (16 April).
Quote, unquote: just-food’s week in words
26 March 2010
With spring in the air, food makers in Europe and the US seemed in buoyant mood this week. Finland’s Fazer Group claimed “more confidence” in 2010 and Switzerland's Orior insisted that the improved economic environment meant that the time is “right” to launch an IPO. In the US, Kroger and ConAgra Foods both suggested that the competitive environment and pressure on pricing was easing. Meanwhile, PepsiCo insisted that healthy products were profitable products as it unveiled plans for product reformulation.
On the money: Finsbury focuses on cost cuts, marketing
23 March 2010
UK cake maker Finsbury Food Group has focused on improving efficiency in order to offset lower sales and higher costs, while also increasing its investment in product development and marketing, the group's MD and chief executive told just-food this afternoon (23 March).
UK: Finsbury profits stable as sales slide
23 March 2010
UK cake maker Finsbury Food Group has posted stable first-half profits despite seeing sales slide during the period.
UK: Finsbury Food Group appoints finance chief
20 January 2010
Finsbury Food Group, the UK cake maker, has appointed Food Investors consultant Stephen Boyd as group finance director.
Top stories on just-food this week
18 December 2009
Cabdury's publication of its formal defence against Kraft Foods' hostile takeover hogged the headlines in the early part of the week but then attention turned to an EU deal on banana tariffs - after a global trade dispute lasting over a decade. The EU and bananas then returned to the news agenda with the announcement that the European Commission is probing an alleged cartel in southern Europe. These are the top ten stories on just-food this week.
UK: Finsbury could axe cake jobs at Memory Lane
16 December 2009
Finsbury Food Group, the UK cake supplier, could axe 95 jobs at its Memory Lane Cakes business due to falling sales for premium products.
Quote, unquote: just-food's week in words
27 November 2009
With just a month left of 2009, our thoughts are turning to what shape the food industry landscape will take as we enter a new decade. This week, HJ Heinz, meat giant Tyson Foods and Russian dairy business Wimm-Bill-Dann all issues their prognosis for the economy and consumer confidence. Woolworths Ltd, Australia's largest retailer, claimed the country was in better shape than other economies around the world, while in an exclusive interview with just-food, Greencore boss Patrick Coveney detailed how the private-label group had navigated the downturn.
UK: Finsbury revenue drops on cake sales
25 November 2009
UK cake maker Finsbury Food Group said its revenue has fallen year-on-year, hurt by sales in the group’s cake business.
Quote, unquote: just-food's week in words
2 October 2009
Unsurprisingly, Tesco, the UK's largest retailer has remained vocal in its opposition to plans for stronger checks on retail expansion, while Wal-Mart-owned Asda, its nearest rival in the country, has backed the proposals. Marks and Spencer, a UK retailer that suffered during the recession, struck an upbeat tone on its food business this week, while Finsbury Food Group, a key private-label bakery supplier, saw its shares slide after its profits slumped.
Top stories on just-food this week
2 October 2009
The Kraft Foods-Cadbury saga continued to dominate the food industry's headlines this week, with news that the UK M&A regulator has given the US food group until 9 November to make a formal offer for the UK confectioner - or walk away. Nestle, the Swiss food giant, made headlines of the wrong sort when it admitted to sourcing milk from a farm owned by the wife of Zimbabwe President Robert Mugabe. Meanwhile, in Europe, the food safety watchdog has asked scores of companies to go back to the drawing board after it rejected the bulk of health claim applications. These are the top ten stories on just-food this week.
INSIGHT: Finsbury CEO admits promotions will continue
30 September 2009
Finsbury Food Group expects to continue its promotional activity over the next six months even after a year when the UK cake and bread maker had to promote its products more than it wanted to, its chief executive has said.
UK: Shares in cake maker Finsbury soften
30 September 2009
Shares in UK cake maker Finsbury Food Group tumbled this morning (30 September) after the company reported a slide in annual profits.
UK: Finsbury Food develops mini Nestle ‘bites’
11 September 2009
UK cake maker Finsbury Food Group has developed ‘mini’ versions of Nestlé’s Toffee Crisp and Munchies for the UK market.
UK: Acquisitions boost Finsbury revenue
30 July 2009
Finsbury Food Group saw its group revenue increase 8% for the last financial year, the UK cake maker said today (30 July).
UK: Finsbury shares tumble after bid talks end
16 July 2009
Shares in UK cake maker Finsbury Food Group slumped this morning (16 July) after the company said talks over a possible sale had ended.
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