Real Good Food: making progress in H1/2009
London / UK. (rgf) Real Good Food Company PLC, the British sugars, ingredients and bakery company, reduced its losses in H1/2009 and said it was «quietly confident» ahead of the Christmas rush.
News for the baking industry
London / UK. (rgf) Real Good Food Company PLC, the British sugars, ingredients and bakery company, reduced its losses in H1/2009 and said it was «quietly confident» ahead of the Christmas rush.
Brussels / BE. (eu) The United Kingdom found banned genetically modified linseed from Canada in cereal and bakery products, according to a notification to the EU food alert system. Company checks found «biotech FP967» linseed, which is not approved for food or feed use.
Zurich / CH. (aag) Swiss Aryzta AG announced its financial results for the fiscal year ended 31 July 2009. The company, which was formed by the merger of Irish IAWS and Swiss bakery group Hiestand in 2008, published the following key performance highlights:
Dublin / IE. (oe) Origin Enterprises PLC said fiscal 2010 earnings per share may decline by as much as ten percent. The Irish company posted a loss for the twelve months to July 31 of 56,8 million EUR compared with a year-earlier profit of 44,7 million EUR.
Downers Grove / IL. (slc) Sara Lee Corporation announced it has received a binding offer of 1,27 billion EUR from Unilever PLC to acquire its global body care and European detergents businesses.
Chicago / IL. (tni) Despite flat sales in 2008 and into 2009 throughout most of the limited-service pizza industry, some chain operators in the United States are finding success through a strategy of focused positioning, says foodservice industry consultant Technomic.
Chicago / IL. (tni) The recession may be taking its toll on the restaurant industry in the United States, but recent research by foodservice consultants Technomic revealed an important and largely untapped growth opportunity – catering to consumers´ at-home social occasions.
Chicago / IL. (tni) According to a new report from foodservice industry consultant Technomic, consumers in the United States are willing to pay more for a specialty burger, especially a premium burger, than they are for a standard burger, regardless of restaurant segment.
London / UK. (wr) Waitrose, Britain´s fastest-growing supermarket, signals its intent to create a significant impact on the convenience market through the development of new formats and channels that will dramatically increase its presence in the United Kingdom.
Chicago / IL. (tni) Food industry research firm Technomic has found that the recession is adversely affecting consumers´ healthy eating behaviour in the United States.