LONDON (Thomson Financial) - The Real Good Food Company PLC posted growth of
over 12 pct in first-half sales and said it is entering the critical Christmas
trading period with a more robust operational platform across all of its
divisions and a stronger balance sheet.
For the six months ended June 30, group sales increased to 127.8 mln stg
from 113.4 mln last year. Earnings before interest and tax jumped to 12.2 mln
stg from 3.9 mln a year ago.
"One of the key factors in our progress has been our decision to sell the
Five Star Fish division and to focus on the group's core high-end niche
markets," said chairman Pieter Totte in a statement.
"We are pleased with the beginning to the current financial year, albeit
with a slow start for our Renshaw division, and we are confident that the group
is well advanced to manage the European Commission's Sugar Regime changes,"
Totte added.
TFN.newsdesk@thomson.com
npr/cm2
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