date:May 28, 2012
ara Lees fresh bakery business) andprivate equity firms are all potential suitors.
Margins at historical lows
Bakers are facing significant challenges at the moment, acknowledged Deese, with punishing rises in input costs coupled with weak consumer confidence pushing margins to historical lows.
But he added:I dont believe well stay there forever.
Flowers, which posted a 12% rise in sales to $898.2m in the 16 weeks to April 21 driven by the Tasty acquisition, higher prices and volume gains in