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Latest Industry News from Food Management Today
Premier Foods to focus on reducing net debt
Mr Kipling owner Premier Foods posted its preliminary results ending 30th March 2019, which revealed a £42.7m statutory loss and a net debt of £469.9 million. Results show a trading profit growth of 4.5% to £128.5m, and profit before tax up 12.1% to £88 million. It...
Food Standards Scotland recommends improved allergen labelling
Food Standards Scotland (FSS) has recommended improved allergen information on pre-packed foods for direct sale. Examples include foods such as sandwiches and salads which are made and packaged on the same premises where they are sold. The move follows the...
Bord Bia appoints Donal Denvir as the new general manager in Great Britain
Bord Bia, the Irish Food Board, has appointed Donal Denvir as the general manager in Great Britain with immediate effect and will hold several responsibilities. Denvir will be responsible for promoting Irish products in the UK, with a particular focus on raising the...
Walmart considering listing Asda on the stock market
Following the blocked merger with Sainsbury's, Walmart is considering listing Asda on the stock market at some point in the future. Asda is owned by Walmart and its chief executive, Judith McKenna, is said to have told personnel that such listing is being considered....
Boom in UK food exports in face of Brexit says Minister at FDF Convention
Speaking at the Food and Drink Federation (FDF) Convention at the National Gallery in London, Minister for Investment at the Department for International Trade, Graham Stuart, said that in the first three months of the year, exports had reached £5.7 billion – a rise...
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