Elior closes its Preferred Meals ready meals unit
In this edition of 5 Things, Food Management highlights five things you may have missed recently regarding developments affecting on-premises catering.
Here is your list for today:
- Elior sells its Preferred Meals prepared meals unit
Elior Group, parent company of FM Top 50 Elior North America, announced an 18% organic increase in revenue in the first half of its 2021-22 fiscal year, ending March 31, 2022, including a organic growth of 24.1% of its international revenue, which includes American activities. .
In the publication of its fiscal results, the company also announced the closure of the Preferred Meals production and distribution unit for fresh and frozen prepared snacks and meals that it had acquired in 2016, considering that “its industrial activity is too removed from our core business and weighs heavily on the Group’s finances.” Preferred Meals generated $211 million in revenue in fiscal year 2020-21 and $139 million in the first half of fiscal year 2021-22 , but with EBITA losses of $52 million and $24 million, respectively, in those two periods.
Read more: Elior Group: Half-year results 2021-2022
- Wake County schools will raise lunch prices by 25 cents next year
Schools in North Carolina’s Wake County, one of the nation’s largest public school districts, are raising school lunch prices by 25 cents per meal at all levels next year due to rising school lunch costs. food, contracts and a planned salary increase for child nutrition service workers. , combined with the scheduled expiration of universal free meals put in place by Congress during the COVID-19 pandemic which is set to expire on June 30. The increase would generate $1 million in revenue, depending on the number of meals sold each year to paying families and taking into account an expected decline in school meal attendance that would be accompanied by an increase in price. The district expects a $500,000 shortfall in the Department of Child Nutrition Services without raising prices next year.
Read more: Wake up votes to raise school lunch prices as free lunches will end
- Chartwells will display climate impact labels on college menus
Chartwells Higher Education has partnered with HowGood, an independent research company that claims to have the world’s largest database of ingredient and product sustainability in a climate labeling program that will inform students university campuses where Chartwells operates on the environmental and social impact of what they eat in canteens. HowGood has studied the ecological and social impact of more than 33,000 ingredients in the food system and will use the data to identify Chartwells recipes that have the best relative impact compared to conventional foods to help Chartwells partner campuses achieve their net zero goals by integrating HowGood’s impact data into its restaurant menus nationwide.
Read more: Chartwells Higher Education brings climate labeling to dining halls with exclusive partnership that empowers students to make more sustainable food choices
- Apple suspends three-day/week office presence mandate
Apple has suspended plans to bring workers back to its Cupertino, Calif., headquarters three days a week due to the surge in COVID-19 cases in the state. Instead, the tech giant will temporarily stick to employees coming into the office twice a week, though it’s unclear whether that request will be enforced in the interim.
Read more: Apple suspends three-times-a-week office attendance requirements for workers amid COVID surge
- Former Marriott Global F&B VP Named Patina President
Delaware North has named Dana Pellicano president of its Patina restaurant group. She joins the company with 20 years of industry experience, the last 15 of which at Marriott International where she most recently served as Vice President of Global Food and Beverage Operations, overseeing the operations of more than 12 000 points of sale. Patina has global operations with restaurants and catering services in locations including Buffalo, New York, Los Angeles and Boston, as well as restaurants at Walt Disney World in Florida and Downtown Disney in California.
Read more: Delaware North Appoints New Chef for Patina Restaurant Group
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Contact Mike Buzalka at [email protected]