The food manufacturer claimed its main direct foreign currency exposure is with respect to Euros of which it is a net purchaser of around €50m per year, however is it substantially hedged against
The move was initiated to allow Pidy CEO Thierry Dehaeck to step back from the business and will now advise on a consultancy basis during the initial months of the takeover.
The results find significant increase in EBITDA, which is up 48.3% to £4.9 million. Profit before tax increase by 104% to £2.8 million.
The first sites will open later this year at London’s Liverpool Street and Paddington station.
Trading was in line with last year at £131 million and adjusted profit before tax increased 2.9 million to £86.1 million.
Sexy Fish restaurant owner Richard Caring ranks at 164 on the list and is worth an estimated £700 million.
Managing director and co-owner Mark Philpott, said: “Our strategy of serving bespoke catering and front-of-house services in London’s commercial and institutional heartland is continuing to prove s
Brakes Group, is the UK market leader in the foodservice sector and supplies food to more than 50,000 customers including restaurants, hospitals and schools.
The changes will come into effect on 29th February 2016, where Sutherland will also serve on Britvic’s Audit Committee.
The new deal is set to expand the Peter's food to go offering while giving the Mom's brand access to Peter’s’ customer base across retail, foodservice, stadiums, caterers and fast food outlets thro