date:Sep 11, 2012
full year will be ahead of last year, ABF predicted.
Price promotions have remained a key feature of the UK market as consumers continued to suffer pressure on household incomes.
Allied Bakeries
The market remained intensively competitive for Allied Bakeries with promotional activity reducing margins, it said. The recent increase in wheat costs will place further pressure on margins. However, good progress was made in reducing its cost base with the closure of two small bakeries and overhead