date:Oct 24, 2012
a palpable sense of relief and the shares may respond positively today on that basis alone, they continued.
Behind the scenes
But much work remained to be done in the bread sector. We sense that much is happening behind the scenes in the bread industry at present, a segment negatively impacted by an increased focus among the supermarkets on in-store baked lines, very heavy promotional activity in plant bread and a live debate on distribution structures in the channel which remain fragmented