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FOOD & BEVERAGES | Fresh foods
hovisbakery.co.uk

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Stage

Acq - Fin - II | Alive

Revenue

$0000 

About Hovis

Hovis has been one of Britain's favourite brands for over a century. With over 125 years of baking expertise, the company is a major bread brand to use no artificial preservatives and add more of the wholesome goodness of wheatgerm.

Hovis Headquarter Location

Centrium Business Park Griffiths Way, St. Albans

Hertfordshire, AL1 2RE,

United Kingdom

Latest Hovis News

Mr Kipling owner sees sales fall as pandemic comfort eating wanes

Nov 16, 2021

The profit fall was due to Premier Foods selling Hovis last year (Premier Foods/PA) The fall in profits was due to banking cash from the sale of the Hovis brand a year earlier. Chief executive Alex Whitehouse said: “Our brands have performed especially well, with growth versus two years ago of 11.4% and increased market share in both grocery and sweet treats, illustrating the continued success of our branded growth model. “I am particularly pleased with how well the business is successfully navigating the widely reported industry-wide challenges including logistics, labour shortages and input cost inflation to deliver such a strong set of results, which again underlines the robustness of our operating capabilities.” He also pointed out that there had been strong growth in the three months to October 2, with revenues up 0.4% compared with a year ago. The company did not say whether prices would be rising, but did note that inflation is starting to bite. It said: “With further inflation now evident across a variety of input costs, the group will be taking a range of actions which it expects will be effective later this financial year.” Most Read

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