30 November 2011 – final results
Results for the 52 weeks ended 2 October 2011 were solid, with profit before tax edging up 0.5% to £105.1m. This has allowed a final dividend of 12.6p to be declared, taking the total for the year to 17.7p (2010: 16.7p). The company is upbeat about prospects and given the news that new agreements have been signed with regards to Fruit Shoot in the US, this optimism looks well placed. A first quarter interim management statement is scheduled for release on 25 January. Ahead of that news, we rate the shares as a BUY.