Hovis recently reported a pre-tax loss of GBP 28.6 million in 2022, while in 2021, it enjoyed a profit of GBP 20.2 million. Hovis has recorded GBP 309.8 million in sales by September ‘22, down from GBP 367.9 million the year before, according to the Times.
CIUS, the European Sugar Users Association of the food and drink industries and CAOBISCO, the Association of the Chocolate, Biscuits and Confectionery Industries of the EU, have been following with great interest discussions between the EU and Mercosur – the Southern Common Market. CIUS and CAOBISCO encourage the European Commission to conclude and ratify as soon as possible the agreed FTA with Mercosur.
Starting from October 1, breads sold in France have a lower salt content. The measure is applied to all types of bread. The staple French baguette now contains 1.4 g of salt per 100 g instead of 1.5.
Charles-Henri Casala has taken on the newly created position of Senior Marketing Director DACH at Mondelēz International. He is responsible for all marketing in the areas of chocolate, baked snacks and meals in Germany, Austria and Switzerland.
Lila Bäcker is selling freshly baked products that are left by the end of the day on the ‘Too Good to Go” app, at a heavily discounted price. People can reserve a surprise bag worth EUR 12 for the price of EUR 4 and pick it up from one of Lila Bäcker’s 230 branches half an hour before closing.
Grupo Bimbo is listed for the first time in TIME magazine’s ‘World’s Best Companies’. The ranking is established together with market research specialist Statista. According to the research, Grupo Bimbo is the highest-ranked Mexican company in the publication.
Krispy Kreme announced it is exploring strategic scenarios for Insomnia Cookies, which may include selling the company. The move will allow the company to focus on its core business in the donut market. Krispy Kreme acquired a majority stake in Insomnia Cookies in 2018 and should earn approximately USD 230 million in revenues in fiscal year 2023.
The Handtmann Group of Companies celebrated its 150th anniversary with a gala evening where representatives from politics, banks and business were invited, as well as managers. School representatives also joined the staff to the festivities on Biberach’s local mountain Gigelberg.
