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March 2018 - Finsbury Food Group

Tempus, The Times

March 28, 2018

There has been very little icing on the cake for Finsbury Food Group in recent years. The maker of celebration cakes and speciality bread has had to contend with rising butter prices and weak consumer confidence, forcing it to rework the recipe for its business. Cost cutting has been the primary method, with the company…

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Share of the Week, The Times

March 28, 2018

With factories and bakeries stretching from the Scottish village of Twechar to Sheffield and Cardiff, there is a good chance that the Finsbury Food Group was responsible for the last cake you ate. The group has a finger in many pies from luxury bites for the Thorntons brand to emoji and cartoon cakes for Disney….

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Business Insight, The Telegraph

March 28, 2018

Aim-listed bread and cake baker Finsbury Food has posted a rise in underlying profits despite being clobbered by higher labour and ingredient costs. The company, which makes licensed products for Thorntons, WeightWatchers and the major supermarkets, said it had been harmed by the weak pound in the wake of Britain’s EU referendum and its bottom…

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Emoji cakes put a smile on baker’s face, The Daily Mail

March 28, 2018

Emoji-themed birthday cakes cheered up sales at cake maker Finsbury Food Group. It’s birthday cakes business lifted sales in the last six months of 2017, rising by 2.5pc to £144.8m. Cakes inspired by emojis – the smiley faces and other icons used in text messaging – proved a major hit with its customers. Read more…

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