Readers comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. Following our announcement in July of our exit from the Co-op contract, the carrying values of some of our distribution assets have been reviewed, resulting in a write-down charge of 15m.. Nonetheless, Allied has actually vowed to sustain any type of employees impacted to aid them find alternate job either within its bakery network or an additional service possessed by parent firm Associated British Foods. Jones Village Bakery staff to get discounts and Real Living Wage, Nish Kankiwala to step down as CEO of Hovis, Cornish Bakery boss: bakery is the new coffee shop, Key dates and events for the baking industry in 2023, In pictures: Baking Industry Awards winners 2022, Baking Industry Awards 2022 winners revealed. Allied Bakeries donations reach 100,000 Kingsmill loaves for local community December 1, 2020 Allied Bakeries in Stockport is continuing to keep local people supplied with baked goods during the coronavirus pandemic, having now donated almost 100,000 loaves of Kingsmill bread since March. Allied Bakeries is owned by Associated British Foods - an international company that owns a range of brands across different sectors, including Primark, and posted pre-tax profits of about 1.4bn. This cookie is set by Spotler and tracks an anonymous visitor ID. By Vince Bamford2023-02-27T12:06:00+00:00. The group is set to halt bakery production at the Maes-y-Coed Road. Allied Bakeries has launched Kingsmill Crumpet Thins in the UK, capitalising on the growth of both the healthier bakery sector All subscriptions include online membership, giving you access to the journal and exclusive content. The UK bakery group, part of Associated British Foods (ABF), said it had decided to focus on core volume lines amid inflationary pressures in the sector. 27 February 2013. Matt is coming on board as Sales Director to facilitate growth with both new and existing customers. Revenue from the AB Sugar business is expected to be 26% higher than the same period last year due to higher sugar prices in Africa and Europe and an increase in bioethanol sales. In a half-year trading update the business reported that it expected adjusted operating profit in line with the same period last year, and that it continued to encounter cost pressures. UK sugar production for 2022/23 is expected to be 0.74 million tonnes, down from 1.03 million tonnes. The American baking industry employs almost 800,000 skilled individuals, generates over $44 billion in direct wages, and has an overall economic impact of over $153 billion. Logical but flexible thinker with an open mind to change. This cookie is set by Advanced Ads and measures the number of previous page impressions. Allied Bakeries, owner of market leading brands Kingsmill, Allinson, Burgen and Sunblest, are welcoming Matt Lee to the role of Sales Director. This website and associated newspapers adhere to the Independent Press Standards Organisation's The company confirmed 176 employees will . As well as managing Allied Bakeries Allied Bakeries' team of Sales Executives, Managers and Customer Directors, Matt will take up a position on the . Allied Bakery baked its last loaf of bread in 2015, having stood since 1938, when its parent company ABF Grain Products Ltd agreed its closure. Contact the source provider Comtex at editorial@comtex.com. Allied Bakeries Ltd. has been referenced in news articles and reports on our website. The group, which is responsible for the Kingsmill, Allisons, Burgen and Sunblest bread brand names, admits that redundancies will result if the proposals are approved. Advancement in the technology has provided todays businesses with multifaceted advantages resulting in daily economic shifts. US, Britain and and EU must unite in an allied pushback against Russian aggression LCreighton writes. The company sells its products to retailers, convenience stores, food service outlets, and wholesale sectors through its distribution centers in Great Britain and Northern Ireland. A free inside look at company reviews and salaries posted anonymously by employees. Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. This cookie is set by LinkedIn and is used for tracking. Coronavirus survey: How have you been impacted? Is there a problem with this press release? Latest News On Allied Bakeries. AHPI Media Mentions By Week AHPI Media Sentiment AHPI News Sentiment 0.49 0.41 Average Medical News Sentiment AHPI News Coverage AHPI Articles This Week 1 0 The aim of the plan is to create a a lot more versatile as well as effective business model adhering to a multimillion-pound financial investment programme in brand-new devices and also modern technology at a variety of pastry shops over the previous 12 months, Allied claimed. . "Ill also be seeking an urgent meeting with the company to discuss the apparent efficiency plans and will insist that the relevant trade unions are included in those discussions from the outset.. Edit Details Section . The company confirmed 176 employees will be made redundant, including members. Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. He added: This announcement by Allied Bakeries further compounds the misery being experienced by workers in Glasgow. We do not pre-moderate or monitor readers comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. Union warns the industrial action is likely to impact the availability of bread on supermarket shelves, The brewery which uses surplus bread to make beer has teamed up with fellow social enterprises to open the site serving beer and bakery items from other mission-led organisations, Director general Alex Waugh is to retire after more than two decades at the trade association, Revenue is up 14.7% to 190.9m for the six months to 31 December 2022 despite broadly flat volumes, Independent chain reports record sales and profit margins across its tourism locations, achieving 3.1m profit before tax, Lawyers allege energy suppliers offered payments to brokers to sign up customers, ignoring whether energy was cheaper for users, Pret injects 100m to help double its business in five years, New flour rules to include folic acid fortification, Village Bakery opens new super bakery in Wrexham, Kingsmill enters premium bread market with bloomer loaves, Clives Pies plant-based trio listed in Waitrose, Baked by Richs partners with Nestl for new cookie range, Pesticides: a situation very much under control. 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KingsmillCare replied: Hi, thanks for getting in touch. This, ABF said, more than offsets the 25m exceptional charge taken in the first half. This cookie is set by Litespeed Server and allows the server to store settings to help improve performance of the site. Allied Bakeries, , which has been running at the Maes-y-Coed Road site since 1971 and produces Kingsmill, has confirmed it will stop producing bread at its factory in Llanishen, Cardiff, on September 13. Copyright 2023 MarketWatch, Inc. All rights reserved. closely with Allied Mills, who mill the flour needed to bake their products. About us | Advertise with us | Contact us. The business confirmed to British Bakers sister title The Grocer that production of Brgen was ceased in September as it has taken the decision to focus on core volume lines to maximise production efficiency. Allied Bakeries has discontinued beleaguered healthy bread brand Brgen due to a lack of demand. 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