Hardman Issues Research Report

Hardman & Co issues research report on Real Good Food Company

EBITA margin doubles in two years, then more: Current trading is encouraging, as announced with full year results on 7th August, and at the AGM convened today. Real Good Food has transformed its prospects through corporate action over the past nine months. The market has yet to catch up with this. Even more importantly, the mix of business is biased to higher margin and growth markets - added to which export markets are being more systematically addressed recently. We therefore see significant long term growth prospects after the initial significant margin expansion for FY16E and FY17E.

Please click here for the full report:

http://www.hardmanandco.com/system/files/research_papers/RealGoodSep15%20.pdf

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