Real Good Food PLC - Liverpool-based food producer - Revenue in six months to September 30 up 31% on a year ago and 0.7% above two years ago. Registers underlying earnings before interest, tax, depreciation and amortisation of GBP500,000 in period versus loss of GBP1.4 million a year ago. Sales to UK retailers performing "particularly well", with growth of 13% on last year and 3.7% on the year before last.
"We have made a good start to the year and the group is well positioned for the seasonally busier second half of the year," says Executive Chair Mike Holt.
He continues: "It is pleasing to see the turnaround activities within JF Renshaw gaining traction, particularly in new product innovation. Renshaw has regained its reputation as the product innovator and first choice supplier of quality products, both branded and private label."
Current stock price: 2.47 pence; up 15% on Wednesday
Year-to-date change: down 42%
By Paul McGowan; paulmcgowan@alliancenews.com
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