2 Sisters - Latest News and Analysis – Page 3
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Coronavirus: Arla and 2 Sisters pledge food to NHS staff and vulnerable people
The food manufacturers will donate food to hospitals and charities across the UK
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Coronavirus: 2 Sisters boss makes urgent appeal for staff
Ronald Kers said several hundred permanent and temporary roles were on offer
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Richard Pennycook takes chairman role at 2 Sisters owner Boparan
The former Co-op CEO takes over as non-exec chairman of Boparan Group from Lord Allen of Kensington
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City snapshot: 2 Sisters turnaround continues with first quarter profit growth
Like for like profits jumped by 42.4% in 2 Sisters’ first quarter, driven by continued improvements in its core poultry division and improved trading in its biscuits and bakery businesses.
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Kers plays down Singh rift rumours as 2 Sisters profits rise
Kers insisted the pair work ‘closely together’ leveraging each other’s strengths
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Protein turnaround drives 2 Sisters profits rebound
Poultry giant 2 Sisters Food Group has posted a double-digit improvement in fourth quarter organic profits as margins in its core protein business improved.
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Valeo Foods buys 2 Sisters’ Matthew Walker Christmas pudding business
Valeo Foods has continued its string of acquisitions by agreeing to buy 2 Sisters’ Matthew Walker Christmas puddings business in a deal valued £67m
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2 Sisters returns to underlying growth as turnaround strategy ‘gains momemtum’
Quarterly underlying profits at 2 Sisters’s parent company Boparan rose for the first time in over two years, as the chicken giant’s turnaround strategy has begun to take hold.
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2 Sisters set to close another poultry site as part of restructure
The move is the latest in a bid to turn the poultry giant’s fortunes around
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Boparan asset sell-off mitigates mounting losses
The 2 Sisters owner would have posted an annual loss of over £100m but for the sale of Goodfella’s…
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Boparan offloads Green Isle Foods and Donegal Catch to Irish consortium
The sale marks the 2 Sisters owner’s latest divestment as it focuses on its core poultry operation
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Fox’s claims world first with Double Dough ‘fused’ cookies
Double Dough’s launch comes after Fox’s core portfolio last year suffered a £4.9m slip in sales to £76.2m
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First quarter losses widen at 2 Sisters amid “substantial turnaround challenge”
2 Sisters owner Boparan has once more posted widening losses in its first quarter as it continues to tackle its “substantial turnaround challenge”.
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2 Sisters losses deepen in fourth quarter
2 Sisters owner Boparan Holdings’ pre-tax losses more than trebled to £53.8m in the fourth quarter of 2017/18
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Samworth Brothers to buy 2 Sisters' Manton Wood sandwich factory
2 Sisters’ owner Boparan Holdings announced that it has agreed the sale of the site, also known as Solway Foods, which employs around 1000 staff, as it continues to transform its operations.
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2 Sisters in major senior management shakeup
Three of Kers’ “trusted lieutenants” from Müller have taken top jobs in 2 Sisters’ people, poultry and transformation departments
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Bernard Matthews hiring to service supermarket supply deal
The turkey giant is set to create an extra 400 jobs at its Great Witchingham plant
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2 Sisters unveils major restructure of poultry business
The plan, unveiled by new CEO Ronald Kers, includes the merger of its UK poultry and added-value businesses into one division
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Boparan Holdings sells 2 Sisters Red Meat division to Kepak Group
The Irish meat company takes over the business, which consists of subsidiaries St Merryn Foods and McIntosh Donald, with immediate effect
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2 Sisters profits fall 77% amid protein division restructure
The poultry giant said volume growth was more than offset by the “negative impact of beef, poultry and fish price inflation”