Brief: Finsbury Food Group Delivers Robust FY Performance In Line With Market Expectations

Finsbury Food

20/07/2022 07:17

July 20 (Reuters) - Finsbury Food Group PLC  FIF.L :
    * FINSBURY FOOD GROUP  - PRE-CLOSE TRADING UPDATE AND NOTICE
OF
RESULTS
    * FINSBURY FOOD GROUP PLC - GROUP DELIVERED A ROBUST FULL
YEAR
PERFORMANCE IN LINE WITH MARKET EXPECTATIONS
    * FINSBURY FOOD GROUP PLC - FY TOTAL SALES OF £356.8M
REPRESENT A
13.9% INCREASE OF WHICH VOLUME IS 8.7% VERSUS CORRESPONDING
PERIOD IN PRIOR YEAR
    * FINSBURY FOOD GROUP - GROUP DELIVERED STRONG H2
PERFORMANCE,
WITH H2 REVENUES UP 18.7% (VOLUME IS 10.0%) AGAINST
CORRESPONDING PERIOD IN PRIOR YEAR
    * FINSBURY FOOD GROUP - CONTINUED TO BE CHALLENGED BY
PERSISTENT
PRESSURE FROM INPUT COST INFLATION, STAFF SHORTAGES AND OTHER
SUPPLY CHAIN DISRUPTIONS
    * FINSBURY FOOD GROUP PLC - CONTINUE IN SAME VEIN AS FURTHER
INFLATIONARY COST PRESSURES ARE EXPECTED IN NEW FINANCIAL YEAR

Source text for Eikon:  ID:nRST0292Ta 
Further company coverage:  FIF.L 

 ((Reuters.Briefs@thomsonreuters.com;))