Finsbury Food Group

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New products - Kraft Heinz links up with restaurant on Twisted Ranch dressings; Dean Foods adds to DairyPure range; Mondelez adds new lines to Dairylea; Mars launches Skittles in India

29 Mar 2019

This week's batch of new products includes Upfield Foods making Flora 100% vegan and Weetabix making a push in UK foodservice.

New Products - Mission launches 'better for you' wraps in the UK; Cargill joins forces with TGI Fridays on frozen burger line; UK retailer Tesco launches own-label baby food range; Zwanenberg Food Group launches vegan range

8 Nov 2018

This week's product news includes a new vegan range from Holland's Zwanenberg Food Group, "better-for-you" wraps from Gruma's Mission brand and an own-label baby-food line from Tesco.

September adds to M&A deals growth in first nine months of 2018 - data

10 Oct 2018

As company strategists look to M&A to gain an edge, just-food's index of deals in the international packaged food sector highlights the volume of deals being announced worldwide.

New Products - Unilever brings Ben & Jerry's Moo-phoria ice cream to UK; Nestle breakfast cereals go organic; Quirch Foods unveils frozen brand Mambo; PepsiCo launches Kurkure sub-brand in India

21 Sep 2018

This week, the more eye-catching new products announced to market include Nestle taking some of its breakfast cereals into the organic category, high-protein, no-added sugar yogurts from Chobani in Australia and the first chilled milk product from the UK's Good Hemp.

Finsbury Food Group acquires free-from baker Ultrapharm

3 Sep 2018

UK bakery business Finsbury Food Group is to acquire free-from producer Ultrapharm.

Earnings summary - Conagra Brands sees subdued organic growth after Q3 result; Nomad Foods FY profits surge on debt repricing; Boparan Q2 sales rise despite ''tough conditions'' hitting profits; Produce Investments back in black in H1

22 Mar 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - ABF sees FY grocery margin improvement; Bakkavor expects 4.6% uptick in revenues; HKScan predicts EBIT loss

18 Jan 2018

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Earnings summary - Conagra Brands sees income rise; General Mills revises full-year guidance

21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

UK's Finsbury Food Group renews Thorntons cakes contract

5 Sep 2017

UK bakery business Finsbury Food Group has renewed its long-standing partnership with chocolate maker Thorntons.

Finsbury Food Group planning to close Grain D'Or business, 250 jobs at risk

23 Aug 2017

UK baker Finsbury Food Group is proposing to close its London-based Grain D'Or business, which employs around 250 people.

Finsbury Food Group "confident" on profits despite muted sales

17 Jul 2017

UK baker Finsbury Food Group said today (17 July) it remained "confident" it would book annual profits "in line with market expectations" despite deflation in the market weighing on the company's top line.

Finsbury profits rise on margin gains 

20 Mar 2017

Finsbury Food Group has booked an increase in earnings for the first half of its financial year as stronger margins boosted the UK baker's profitability. 

UK cake maker Finsbury Food Group to look for price hikes

19 Jan 2017

UK cake maker Finsbury Food Group revealed this morning (19 January) its first-half sales remained "flat" and predicted it will have to hike prices in the second half of the year to offset increased costs. 

Finsbury Food Group changes promos amid cost pressure

23 Nov 2016

Finsbury Food Group, the UK bakery business, has announced changes to its promotional strategy in the face of rising input costs after the fall in sterling.

UK baker Finsbury books rise in profit and revenue

19 Sep 2016

UK cake and bread maker Finsbury Food Group has reported higher annual sales and profits.

Finsbury reports 25% rise in full-year sales revenue

19 Jul 2016

UK cake and bread maker Finsbury Food Group has reported increased sales revenue of nearly 25% for the full financial year ended 2 July in a pre-close trading statement released today (19 July).

Finsbury Food Group H1 sales up on organic growth, M&A

16 Mar 2016

Finsbury Food Group, the UK baker, has reported improved half-year results, boosted by the recent acquisitions of Fletchers Group and Johnstone's but also from the benefit of underlying growth.

Finsbury sales up on "strong" Christmas sales

15 Jan 2016

Finsbury Food Group said this morning (15 January) its first-half revenue increased by almost 50%, including the contribution of a "strong" performance over Christmas.

Food industry quotes of the week - Boulder Brands sale, Unilever on carbon

27 Nov 2015

Ahead of the climate talks in Paris, Unilever announced plans to be carbon positive from its operations by 2030. Elsewhere, there was more consolidation in the US food sector, with Pinnacle Foods moving for Boulder Brands. Tyson Foods, Post Holdings and Greencore all had annual results out in the week. Maple Leaf Foods outlined plans to "streamline" its business, which is set to lead to the loss of 400 staff. Here is the week in quotes.

Finsbury Food Group's "strong trading" continues

25 Nov 2015

Finsbury Food Group, the UK bakery products maker, said today (25 November) its "strong trading" had continued into its new financial year.

Food industry quotes of the week - Peanut Corporation of America, Russia and GMOs, ConAgra

25 Sep 2015

Former Peanut Corporation of America CEO Stewart Parnell was this week sentenced to 28 years in jail over a fatal salmonella outbreak in the US seven years ago, prompting debate over how different outbreaks are viewed. In Russia, the country's deputy PM said Moscow would ban the use of GMOs in food production. And ConAgra Foods CEO Sean Connolly explained the company's approach to its brands after seeing some progress in recent weeks.

Finsbury Food Group posts FY profit, sales jump

21 Sep 2015

UK cake maker Finsbury Food Group has pointed to more acquisitions and organic growth to drive its growth strategy after posting a jump in full-year profits and sales.

Finsbury launches Thorntons cake bites line

9 Sep 2015

Finsbury Food Group has launched Thorntons Little Temptations, a line of cake bites, in the UK.

Food industry results in brief - Hilton, Beingmate, Finsbury

17 Jul 2015

Chinese food group Beingmate and Yurun Food this week issued profit warnings as the economic slowdown in the country takes its toll on food makers. In the UK, Hilton Food Group was hampered by the strength of sterling but, on a more upbeat note, UK cake maker Finsbury Food Group said it will "outperform" expectations. Here are this week's results in brief.

Finsbury expands in foodservice with Johnstone's Just Desserts buy

6 May 2015

UK cake maker Finsbury Food Group has entered into an agreement to acquire foodservice supplier Johnstone's Just Desserts from administrators FRP Advisory.

Finsbury Food Group H1 profits up

23 Mar 2015

UK cake supplier Finsbury Food Group has announced an increase in half-year profits, helped by last year's acquisition of local peer Fletchers Bakery Group and by higher underlying sales.

Finsbury Food Group buoyed by Fletchers, Christmas

21 Jan 2015

UK baker Finsbury Food Group has reported a jump in half-year revenue, helped by its acquisition of local peer Fletchers and by sales over Christmas.

Finsbury's UK cake sales offset overseas slide

26 Nov 2014

Finsbury Food Group said today (26 November) a "strong" performance from its domestic cake business had boosted sales, offsetting falling revenues outside the UK.

Editor's choice: the highlights on just-food last week

13 Oct 2014

just-food reported direct from the annual IGD industry convention in London this week, with a leading light in the grocery retail sector ruffling a few feathers with comments about manufacturers and retailers. Elsewhere, China's Bright Food made its latest deal in Europe, with the acquisition of Filippo Berio olive oil owner Salov and we interviewed the CEO of Finsbury Food Group after the UK baker announced a move for local peer Fletchers Group.

Interview: Finsbury CEO Duffy upbeat about prospects after Fletchers Group acquisition

10 Oct 2014

Finsbury Food Group CEO John Duffy today (10 October) described the company's move to buy fellow UK bakery company Fletchers Group as "transformational", telling just-food the deal will help his business grow in a number of ways.

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