George Weston Limited

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Amid overhaul, Weston Foods remains positive despite H1 profit fall

1 Aug 2018

Amid increasing competition, Weston Foods, one of North America’s largest bakery products businesses, is undergoing what its parent company has called a "transformation programme" aimed at becoming a "premier player" in the industry and delivering "solid financial results". Yesterday, Weston Foods reported falling half-year sales and earnings. Simon Harvey had a look at the numbers.

Canadian baker Weston loses contract with Walmart

30 May 2018

Weston Foods, the Canada-based bakery supplier, has lost its contract to supply Walmart's stores in the country.

Canada launches probe into alleged bread price-fixing

1 Nov 2017

Canada's Competition Bureau has launched an investigation into alleged price fixing on packaged bread products in an industry-wide probe that was acknowledged by local manufacturer George Weston Ltd and retailer stablemate Loblaw. 

Chickapea organic pasta maker gets backing of George Weston fund

22 Aug 2017

Canada's Chickapea pasta company plans to expand its presence in the US after receiving funding from District Ventures Capital.

Results "below expectations" at Canada's Weston Foods

28 Jul 2017

Weston Foods, the manufacturing arm of Canadian food processing and distribution business George Weston Ltd, has recorded results described as "below expectations" by the parent company's CEO.

George Weston Ltd names Richard Dufresne as president

14 Jun 2017

George Weston Ltd., the owner of Canada-based bakery group Weston Foods and retail giant Loblaw, has announced CFO Richard Dufresne will be appointed president of the company with effect from 1 January.

Weston Foods sales dip on "unfavourable" forex

9 May 2017

Weston Foods, the manufacturing arm of Canada's George Weston Ltd, has reported a fall in revenue and underlying earnings for the first quarter of 2017.

George Weston Ltd shakes up senior management

19 Jan 2017

George Weston Ltd., the owner of Canada-based bakery group Weston Foods and retail giant Loblaw, today (19 January) announced a series of management changes.

Weston Foods continues to see sales grow in Q3

22 Nov 2016

Canada-based food manufacturer and retailer George Weston Limited has reported another quarter of rising sales for its Weston Foods business, contributing to top-line growth and improved earnings from the unit during the first nine months of the year.

CANADA/US: Weston Foods buys rye-bread manufacturer Rubschlager

6 May 2014

North America-based bakery firm Weston Foods, a subsidiary of George Weston Limited, had announced the acquisition of rye-bread producer Rubschlager Baking Corporation.

CANADA: Loblaw boosts Q1 profits at owner George Weston

7 May 2013

Canadian food manufacturer and retailer George Weston Limited has reported higher first-quarter profits after improved results from retail arm Loblaw.

CANADA: Loblaw names Carrefour exec Trius as president

24 Feb 2011

Canadian retailer Loblaw has appointed Carrefour executive Vicente Trius to succeed Allan Leighton as president of the business.

CANADA: George Weston announces C$1bn share dividend

16 Dec 2010

George Weston Ltd, Canada's largest food processor, has announced it will pay a one-time common share dividend of C$1bn (US$993.4m).

Top stories on just-food this week

14 May 2010

UK retail grabbed the headlines this week, with Wal-Mart announcing the appointment of a new CEO for local arm Asda and Sainsbury's booking a set of bumper full-year results.

CANADA: Loblaw management shake-up

21 Sep 2006

W. Galen Weston, chairman of Loblaw Companies and the board of directors, has announced that he will step aside for his son Galen G. Weston who will succeed his father as executive chairman.

CANADA: Loblaw management shake-up

21 Sep 2006

W. Galen Weston, chairman of Loblaw Companies and the board of directors, has announced that he will step aside for his son Galen G. Weston who will succeed his father as executive chairman.

UK: Associated British Foods consolidates sugar production

5 Jul 2006

Food, ingredient and retail company Associated British Foods yesterday (4 July) announced proposals to close two UK sugar plants in York and Allscott and consolidate its remaining four UK factories.

UK: Associated British Foods profits fall

19 Apr 2006

Associated British Foods has announced a fall in profit for the for the half-year period ending 4 March 2006 but is confident about the prospects of its British Sugar brand.

Goodman Fielder banking on added-value to excite investors

1 Mar 2006

Australian investors may downplay Goodman Fielder’s “low growth” prospects and “mature markets” but overseas analysts see a company uniquely placed to benefit both from strong brands and the growth of own-label. David Robertson reports.

CANADA: George Weston swings back into black

15 Feb 2006

Good results at the company’s bakery division have helped Canadian food group George Weston swing back into profit in its fourth quarter.

AUSTRALIA: Competition authority okays George Weston acquisitions

14 Dec 2005

The Australian Competition and Consumer Commission will not oppose George Weston Food's acquisition of Cripps Nubake Pty Ltd, which operates a plant bread baking business in Tasmania, and Tasmanian Flour Mills Pty Ltd, which operates the only mill in Tasmania, ACCC Chairman, Graeme Samuel said today.

CANADA: George Weston sales, earnings up in Q3

23 Nov 2005

Food company George Weston has announced rises in sales and net earnings for the third quarter of 2005, despite distribution problems at its Loblaw subsidiary.

UK: Associated British Foods posts higher full-year earnings

8 Nov 2005

Associated British Foods has said earnings for the year to 17 September were 14% ahead of the previous year and it has invested over £1.5bn (US$2.6bn) for future growth.

CANADA/USA: New president for George Weston Bakeries

25 Oct 2005

Canadian food company George Weston has announced the appointment of John Cowles to the position of president of George Weston Bakeries.

USA: George Weston Bakeries launches X-treme Breads

13 Oct 2005

George Weston Bakeries, part of Canada’s George Weston Liminted, has announced the introduction of its new line of X-treme Breads.

CANADA: George Weston closes sale of Heritage Salmon

3 Aug 2005

Food processor and distributor George Weston George Weston Limited has announced the closing of the previously announced transaction for the sale of its west coast aquaculture operations to EWOS Canada Ltd a subsidiary of the Norwegian based Cermaq ASA.

CANADA: George Weston Q2 sales higher

1 Aug 2005

Canadian food processor and distributor George Weston has announced rises in sales and net earnings for the second quarter ended 18 June 2005, although sales growth at Weston Foods was cut by the impact of currency translation.

MEXICO: Analysts see Bimbo making acquisition in Latin America - report

8 Jun 2005

Mexican baked goods firm Bimbo is expected to expand this year via an acquisition in Latin America, according to analysts.

CANADA: George Weston sales up in Q1, but restructuring hits income

11 May 2005

Canadian food processor and distributor George Weston has announced a rise in sales to C$7.0bn (US$5.7bn) in the first quarter of 2005, compared with $6.6bn in the first quarter of 2004.

CANADA: George Weston raises funds through share issue

5 Apr 2005

Canadian food processor George Weston has said it plans to raise C$200m (US$163.6m) through the issue of 8.0 million preferred shares.

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