FIF.L Share News (FIF)

Finsbury Food Heralds Stronger Balance Sheet, Reinstates Dividend

STOCKS NEWS EUROPE-UK small caps lag large and mid caps

UK small caps and junior-listed AIM shares rise 0.2, underperforming the mid-caps and the blue chips, which both gain 0.3 percent. Thorntons falls 7.5 percent after a trading update on the fourth quarter confirms performance ahead of consensus, as flagged in an announcement a fortnight ago,

London pre-open: Gains expected after in-line Chinese data

A broadly in-line set of economic figures from China provided stock markets in Asia with a small boost on Monday, with London's FTSE 100 expected to follow suit early on. As expected, the annual rate of Chinese economic growth slowed down in the second quarter, from 7.7% to 7.5%. This will come as

Finsbury Food sees profit ahead of forecasts, ups dividend

Finsbury Food, the cake and bread maker, said profit expectations for the financial year ended June 2013 are significantly ahead of expectations and has recommended an increase in its final dividend. The improved expectations are due in part to two additional months Free From sales included between

STOCKS NEWS EUROPE-UK small caps close down 0.2 pct

The FTSE Small Caps index closes 0.2 percent lower, in line with the FTSE 100 index and underperforming a flat finish on the FTSE 250 mid-caps. Finsbury Food Group adds 2 percent after saying that its first-half group revenue rose 1 percent and profit before tax surged 32.8 percent, adding

Bright outlook for Finsbury Food, reinstates dividend

Finsbury Food, the cake and bread maker reported a sharp rise in half year profit and said the outlook for the group is stronger than ever. Pre-tax profit jumped 32.8% to £3.0m for the six months ended December 31 from £2.2m the year before. Group revenue for the period rose 1% to £103.3m. Sales i

Finsbury Foods sells Free From business

Finsbury Food Group, which manufactures cake, bread and bakery goods, has sold its Free From business in order to focus on its core cake and bread businesses. The business, which consists of two subsidiaries, was sold to Genius Foods for around £21m on a debt-free, cash-free basis. The group sai

Sector movers: Unilever and Asian Citrus lift food stocks higher

Food producing stocks were performing well on Wednesday with FTSE 100 consumer products giant Unilever the standout performer after impressing with record sales in 2012. Turnover increased by 10.5% to €51.3bn, the first time that it has topped the €50bn mark. Underlying sales growth of 6.9% was str

Finsbury Food lifts sales despite tough market

Finsbury Food, the cake, bread and gluten free bakery goods maker, reported an increase in sales for the first half of the year and said its outlook for the second half remains unchanged. Total sales revenues for the six months ended December 29th 2012 increased to £103.3m compared to £102m the yea

Finsbury Food Group puts money into cakes

Cake and bread maker Finsbury Food Group said it had raised almost four million pounds to fund the company's UK cake business. The firm said a placing of around 10.4m new shares at 38p each had raised £3.9m before expenses. It plans to use the proceeds to develop the product portfolio capability a

Rise in sales at Finsbury Food

Cake, bread and gluten-free bakery goods maker Finsbury Food said annual revenue increased revenue by 9.4 per cent after solid growth across all of its divisions. Revenue rose to £207.4m for the 52 weeks ended June 30th 2012 from £189.6m a year earlier. Adjusted pre-tax profit increased to £6.5m fr

Finsbury Food sales rise 9.4pc

Cake, bread and gluten free bakery goods maker Finsbury Food said total sales rose 9.4% for the full financial year ended 30 June 2012 despite tough market conditions. The aim listed firm said sales rose to £207m for the full year compared to £17.8m the previous year. "As predicted, growth levels

Finsbury Food sales rise despite inflation pressures

Aim listed cake and gluten free bread maker Finsbury Food reported a 16 per cent rise in half year sales, despite pressures from commodity and input price inflation. The Cardiff headquartered maker of Memory Lane Cakes and low fat cake slices, said both its UK 'Cake' and 'Bread & Free From' busines

Sales exceed £100m at Finsbury Food

Finsbury Food said total group sales topped £100m for the first time as progress continued at both of its businesses despite difficult consumer and inflationary conditions. UK Cake and Bread and Free From businesses saw strong growth of 10% and 8% respectively and total group sales revenues rose t

Finsbury Food beefs up revenue

Cake and bread maker Finsbury Food said group revenues continued to grow strongly to £68.3m in the first four months of the new financial year after solid progress at all of its divisions. This represents organic growth of just over £10m, an increase of 17% over the previous year, the group explain