17 November 2022 - AGM statement

The AIM-listed bread and cake group has revealed that sales have been strong in the first four months of the current financial year, with revenues up by 15.7% to £122.8m.  The company is seeing consumers trade down to cheaper alternatives as financial pressures increase but the company believes it is well placed to deal with this.  Regular readers will know that in the year to 2 July 2022, adjusted pre-tax profits emerged at £17m for earnings per share of 10.1p and with further progress on the cards for the current . . .

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