All Finsbury Food Group articles
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News
City snapshot: Finsbury Food suffers further decline as lockdown drags on
Finsbury Food Group has suffered further declines in sales and profits as the return of lockdown towards the end of 2020 halted the recovery of its foodservice business.
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News
City snapshot: Coronavirus outbreak takes a slice out of Finsbury profits
Sales and profits have slumped at Finsbury Food Group
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News
Finsbury Food Group invests £1m in Kara doughball plant and freezer capacity
The funding came through Finsbury’s ongoing investment programme
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News
City Snapshot: Finsbury Food Group sales fall on coronavirus impact
The listed bakery manufacturer has guided for revenues in the year ended 27 June to be £306.3m, down from £315.3m last year
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News
City snapshot: Profits stabilise at Finsbury Food Group despite sales drop
Finsbury Food Group was back in profit in the first half of its financial year, though business closures meant headline revenues declined. Plus, ABF to shrug off sugar woes and post annual sales growth and all the rest of the latest news from the City.
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News
Grain D’or closure hits profits at Finsbury Food Group
Bakery business Finsbury Food Group has reported a 65% drop in full year pre-tax profits as it was impacted by £12m in costs caused by the closure of its Grain D’or bakery business.
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Comment & Opinion
Finsbury’s high hopes for Ultrapharm are rightly founded on rocketing free-from growth
Free-from bakery is booming, over the past year the market has grown 18% to £143.8m
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News
City snapshot: Finsbury Food Group acquires free-from bakery Ultrapharm
British bakery manufacturer Finsbury Food Group has expanded further into free-from trends by purchasing specialist bakery business Ultrapharm, Ocado bosses have sold more than £150m in shares, and this week’s City diary
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News
Annual sales dip 3.4% at Finsbury Food Group
Full year sales at baked goods manufacturer Finsbury Food Group (FIF) dropped 3.4% as it was impacted by bakery closures and declining overseas sales.
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News
Finsbury Food Group back on the acquisition hunt after solid first half
Listed bakery business Finsbury Food Group is back on the acquisition hunt after a period of consolidation that saw first half like-for-like sales edge up 2.5% to £144.8m.
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News
City Snapshot: First half sales and profits up at Finsbury Food Group
Cakes and bakery goods supplier Finsbury Food Group has overcome “sustained market-wide headwinds” to post a rise in first half sales and profits.
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News
City snapshot: Efficiency focus helps grow profits at Finsbury Food Group
Cake supplier Finsbury Food Group (FIF) has grown pre-tax profits on flat revenues as investments in production efficiency helped boost the bottom line.
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News
Finsbury Food Group offsets UK losses with overseas growth
The company today said it was confident of delivering profits in line with market expectations
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News
City snapshot: Finsbury Food Group warns it must recover rising costs
Finsbury Food Group has said “further cost recovery” will be required in the second half after flat first half sales
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News
Finsbury Food confident in face of Brexit uncertainty
Speciality bakery Finsbury Food said the enlarged group was “well equipped” to weather any potential Brexit storm as it reported sales growth of 25% following the integration of Fletchers and Johnstone’s.
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News
Finsbury Food Group adds former Co-op marketing director to the board
Finsbury Food Group has appointed Zoe Morgan as non-executive director as Edward Beale steps down after 13 years.
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News
Finsbury Food shares rise as new year starts strongly
Soaring sales in the first four months of the new financial year has pushed Finsbury Food shares close to record highs.
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People News
M&A at Finsbury sweetens management pay packets
Executives at Finsbury have enjoyed bonuses worth more than £1m after delivering strong profits growth and completing “transformational” deals at the cakes and baked goods supplier.
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News
Themed cakes and M&A boosts Finsbury sales
Sales at Finsbury Food Group have increased 45.8% to £256.2m thanks to major acquisitions and the success of themed cakes based on Disney films, such as Frozen, and other animated characters.
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News
Finsbury takes Thorntons into bagged cake bites market
Finsbury Food Group is launching a new Thorntons-branded range of cake bites.