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RGDWed, 04th Jul 2012 16:31
First-half profits plummeted at ingredients specialist Real Good Food as it suffered from a dramatic drop in EU sugar prices and continued its reorganisation. Higher costs meant that profits plunged 90% to £0.1m on sales down 5.6% to £130.1m in the six months to September 30th, meaning a soggy bott
Read moreThe Real Good Food Company said its sugar specialist Napier Brown had won major new supply contracts from grocer Asda and wholesaler Booker for its Whitworths sugars range. The deals will double the retail value of Whitworths sugar sales and create about 80 new jobs at Napier Brown's headquarters i
Read moreUK bakery, ingredient and sugar group Real Good Food said trading during the first half of its financial year has been in line with company expectations. In June, the Liverpool based group announced a positive trading performance for the 12 months ended March 31st 2013, following improved profitab
Read moreBunzl is a boring investment but in these markets, boring is good, according to The Times' Tempus column. As a note from Numis Securities on Wednesday highlighted, there is little that is boring about a share price that has risen by 25 times over 23 years. The latest trading statement from Bunzl al
Read moreSugar and ingredients firm Real Good Food Company said, following a difficult third quarter, trading in the final quarter to March has been encouraging with a large positive swing in EBITDA. The rise in EBITDA was due to a stronger sugar trading quarter, combined with the turnarounds achieved at Ha
Read moreThe Footsie opened firmly in the red on Monday morning with just one day to go before the automatic spending cuts and tax increases in the US come into effect. Without a deal by politicians Stateside to avert the so-called fiscal cliff by tomorrow, analysts expect the US economy to plunge back into
Read moreSugar and ingredients firm Real Good Food Company confirmed that it has completed a new five year 50m pound bank facility with its current financiers PNC Financial Services UK ahead of the maturity of its existing facilities in July 2013. The new facility which, represents a £10m increase on the e
Read moreUK bakery, ingredient and sugar group Real Good Food said the current year has started well, with a strong first quarter, a flatter second quarter, and early indications suggesting a seasonally-strong third quarter. The Liverpool based sugar producer added that is on track to meet market expectatio
Read moreMandy Gradden, a non-executive director of SDL, the FTSE 250 information management firm, bought up 7,500 shares on Thursday, just over a week after the company unveiled a 20 per cent leap in first-half revenues. Gradden's purchase, in which she bought the shares at 658p each for a total of £49,35
Read moreKate Bostock, who is quitting her role as Executive Director of General Merchandise at Marks and Spencer, has taken advantage of the recent rise in the retailer's share price with a double sale of shares late on Thursday. Bostock, who announced her exit in July but will stay on until October, sold
Read moreLiverpool based sugar producer the Real Good Food Company lifted sales for the 15-months to end March following a robust performance from Renshaw and Garrett Ingredients. Revenue for the 15-month period increased to £305.5m from £249m for 12 months to 31 December 2010. EBITDA jumped 62% to £9.1m
Read moreMauritius outfit Omincane is to increase its stake in theReal Good Food Company (RGFC), which owns a portfolio of sugar, bakery and patisserie firms. Omincane is paying 60p a share, a 9.1% premium to the closing price of RGFC on the trading day before the announcement, to increase its holding in th
Read moreUK bakery, ingredient and sugar group Real Good Food reported a year-on-year rise in both revenue and pre-tax profit in the second half of 2011. Profit for the six month period rose from £3.2m to £4.2m on revenues of £139.3m compared to £109.4m the same period the previous year. Gross profit rose
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