Booming food-to-go market drives growth at Greencore

first_imgSoaring food-to-go sales have driven a 9.2% rise in reported revenue for Greencore’s UK and Ireland operations.The business, which yesterday announced its exit from the cakes and desserts market, said revenue from its food-to go business alone had risen 12.2% in the 13 weeks to 29 December 2017.Food-to-go revenue rose 11.4% excluding the impact of the acquisition of the Tasties of Chester manufacturing facility in Heathrow last summer.The performance has been driven by a combination of underlying market growth and previously announced new business wins with some of the company’s largest customers.Greencore’s investment in the UK division had eased following “substantial spending” over the past two years. Its key remaining project, to refurbish and extend its Warrington ready meal facility in Warrington, is due to be completed next quarter.The company reported that the sale of its Hull cakes and desserts business, and previously announced closure of its desserts facility in Evercreech, would not impact earnings, although there would be a charge of £15m to the income statement in its 2018 results.Overall group revenue – including the US division – rose 53.6% on a reported basis to £640.5m in the quarter.US sales rose 297.0% to £255.1m, primarily driven by the acquisition of Peacock Foods in December 2016. Excluding Peacock, revenue rose 5.1%.Greencore said it expected to deliver strong growth in the current financial year, adding it was “well positioned to drive improved profitability, cash flow and returns over the medium term”.That company also announced it has appointed Helen Rose, chief operating officer of TSB Banking Group, as a non-executive director with effect from 11 April 2018.”Helen will bring deep operating knowledge, with a detailed financial focus and valuable experience of the food industry,” said Greencore chairman Gary Kennedy. “Helen’s appointment will complement our strong, experienced Board and executive team.”last_img read more

Farm Shop & Deli Awards 2021 deadline approaching

first_imgSource: Lovingly ArtisanLovingly Artisan’s Catherine Connor receives the 2019 awardBakers now have until 31 December to enter the 2021 Farm Shop & Deli Awards.The awards, run in partnership with British Baker’s sister title The Grocer, are returning for their seventh year, supporting and celebrating the UK’s independent specialist retail market.For this year’s awards, specialist retailers, including bakers, will be judged by region rather than by category.The 2021 edition will also place greater emphasis on how retailers have adapted their business and supported their community, staff and suppliers.Food and drink broadcaster Nigel Barden will return as chair of judges, along with food writer Elaine Lemm as co-chair.Shortlisted entrants will be invited to attend the ‘winners announcement’ at the Farm Shop & Deli Show in Birmingham’s NEC on Monday 12 April.Earlier this year, Cumbria bakery business Lovingly Artisan was named baker of the year for the second year running.The Kendal-based business, founded by Aidan Monks and his wife Catherine Conor, specialises in slow-fermented traditional breads made using sourdough and natural ingredients.last_img read more

Outdoor Updates: High Bacterial Levels in French Broad River

first_imgThe Asheville City Council’s Planning and Economic Development Committee had planned to meet with a staff member at the Department of Environmental Quality in October, but the meeting was canceled. The meeting has been rescheduled for December. Celebration of life scheduled for November 16 for Nantahala Outdoor Center co-founder E.Coli levels in the French Broad River and surrounding lakes and streams peaked this summer at over 47 times EPA recommended levels. Of 28 testing sites on and near the French Broad River, 26 have shown unsafe levels of bacteria this year. The alarming levels of E.Coli have prompted city officials to meet with state regulators to discuss what role, if any, the city plays in the issue. The high levels of E.Coli come at a time when recreation on the French Broad River is exploding. When people come into contact with contaminated water it can cause infection, gastrointestinal illness and even neurological issues. Campers warned to look out for flooding in the Outer Banks Asheville city officials will meet with state regulators to discuss high bacterial levels in French Broad River The flooding is caused by changes to the beach resulting from recent storms. These storms have created a “humpback” beach profile with a high berm crest. If a wave gets over the berm crest the water gets trapped and is unable to get back to the ocean and the trapped water then tries to escape through the dunes. National seashore officials warn that there is not much beach to camp on this week as the water at high tide goes all the way back to the base of the dunes and, in some cases, through the dunes. Aurelia Kennedy, co-founder of the Nantahala Outdoor Center (NOC), died September 14 at the age of 84 after struggling with health issues for a number of years. Kennedy founded the NOC in 1972 with her husband, Payson Kennedy, and friend Horace Holden. She first canoed the river in 1954 as a counselor and canoeing instructor. Throughout the years, Kennedy helped turn the NOC into the largest whitewater outfitter in the United States. The celebration of life is open to the public and will take place at 2 p.m. on November 16 at the grounds of Relia’s Garden at the Nantahala Outdoor Center. Kennedy’s daughter told the Citizen Times that the celebration of life will be a happy event—her mother requested a party. Cape Lookout National Seashore is warning campers to keep an eye out for areas of high water, especially when pitching a tent. In a Facebook post, the national seashore warned that beaches and low tide areas near the sounds may flood during high tides and asked the public to use caution when driving or camping on the beach. Campers are advised to make sure they set up camp above the high tide line and to check for indications of flooding before setting up camp.last_img read more