Member Info for bistolover

just shows what having a successful ceo can do to a business selling to the same customer base. Plenty of other examples. How come they are not having profits drop by 10% PFD got useless Paul Hollywood, finsbury got Mary Berry cake license secured PFD are stuck with a useless CEO who is trying to milk the company for himself and his friends. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FIF&ArticleCode=cg9udo52&ArticleHeadline=Interim_Results Summary · Group revenue of £156.6m (H1 2015: £156.6m) · Operating profit of £8.3m up 4.0% (H1 2015: £8.0m) · Group operating profit margin of 5.3% (H1 2015: 5.1%) · Profit before tax of £7.9m up 5.3% (H1 2015: £7.5m) · Adjusted*1 diluted EPS, up 4.5% at 4.6p per share (H1 2015: 4.4p per share) · Interim dividend per share increased 7.5% to 1.00p (H1 2015: 0.93p per share) · Net debt of £21.0m equates to 0.8 (H1 2015: 0.9) times pro forma annualised EBITDA of the Group Strategic highlights · New artisan bread facility opened, baking for retail and foodservice customers. · Continued investment in whole cake capacity and capability, plus new cupcake innovation. · 6 out of 8 sites now supplying into the Foodservice channel providing a significantly broader speciality bakery range, from artisan and free from breads to snacking and sharing cakes. Operational highlights · Employee engagement programme commences following on from successful roll out of vision and values throughout the Group. · Investment in exciting new cupcake capability to augment our licensed product range. · Mary Berry cake license secured with a range of cakes launching in the second half. · Winner of Celebration Cake Business of the year for 2016 at the Bakery Industry Awards. · Winner of Quality Food Awards for a number of products.

You missed the biggest FLOP from the list, your beloved Darby. The sooner he is gone, the quicker we will get the offers rolling in.

not good for PFD needing to have very high margins to service high debt and pension payments ( 12% of sales goes into this) http://www.thisismoney.co.uk/money/bills/article-4378286/Price-butter-fish-tea-risen-3-months.html Shoppers turn to budget supermarkets and own-brand labels as the cost of butter, fish, tea and other staples rises

could be onto something here. remember the paper trail £100m off the pension deficit value, now £320m, so no doubt what this value is announcing the exact debt level as of 2nd April 2017, £525m, so no doubt what this value is no chairman after 6 months of looking. layoffs now, so the new owner will not get bad reputation.

typical Darby value destroying strategy. First by creating duplicate middle management head office roles 2 years ago, so preventing share price going up then ( remember the right-offs on sweat treats when the market just wanted a clean set of results). Now removing those roles (that he created) and taking a hit to show his magic is working by him saving £10m per year in the future ( jam tomorrow again time)

following from his blog After 4 years of value destroying time, I have decided to resign and allow some-one to come in who understands the food manufacturing business and can start to repair the damage I caused. I assume the first task of the new ceo is to call McCormick and ask for the bid back. Happy April fools day