News blog

Real Good Food Company

  • BY: Andrew Hore |
  • POSTED: 01/02/2011 |

Ingredients and bakery products supplier Real Good Food Company did not suffer from the snow before Christmas and sales were up to expectations.

Trading in 2010 as a whole was in line with forecasts. The Renshaw ingredients business put in its best ever performance and the expansion of Haydens Bakery is progressing well.

Sugar supplier Napier Brown is set to have a good year as world-wide sugar prices reach record highs. Last year was tougher because Napier Brown had to navigate the changes in the EU sugar regime.

Bank debt has been reduced to below £20m, which is better than expected.

At 35p a share, Real Good Food is valued at £22.8m.

The 2010 figures are expected to be published at the end of March.

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