REG - Finsbury Food Group - Annual Report and Accounts and Notice of AGM <Origin Href="QuoteRef">FIF.L</Origin>
RNS Number : 1239UFinsbury Food Group PLC20 October 2017Date: 20 October 2017
On behalf of: Finsbury Food Group plc ('Finsbury', 'the Company', or 'the Group')
For immediate release.
Finsbury Food GroupPlc
Publication of Annual Report and Accounts and Notice of Annual General Meeting
In accordance with AIM Rule 20, Finsbury announces that the Report & Accounts of the Company for the year ended 1 July 2017 and its Notice of Annual General Meeting ("AGM") have been published today and are available to view and download from the Investors section of the Company's website at www.finsburyfoods.co.uk.
Hard copies of these documents will be posted today to those shareholders who have elected to continue to receive paper communications. Proxy forms for use in connection with the AGM will be posted to all shareholders.
The AGM will be held at the offices of CMS Cameron McKenna Nabarro Olswang LLP, Cannon Place, 78 Cannon Street, London, EC4N 6AF on Wednesday 22 November 2017 at 9.00am.
For further information:
Finsbury Food Group Plcwww.finsburyfoods.co.uk
John Duffy (Chief Executive) 029 20 357 500
Stephen Boyd (Finance Director)
Cenkos Securities plc
Bobbie Hilliam (Corporate Finance)
Nick Searle (Sales)
Redleaf Communications finsbury@redleafpr.com
Elisabeth Cowell 020 7382 4752
Ian Silvera
Fiona Norman
Notes to editors:
Finsbury Food Group Plc (AIM: FIF) is a leading UK manufacturer of cake and bread bakery goods, supplying a broad range of blue chip customers within both the grocery retail and 'out of home eating' foodservice sectors including major multiples and leading foodservice providers.
The Company is one of the largest speciality bakery groups in the UK and, with its Overseas division, has sales in the financial year ending 1 July 2017 exceeding 300m.
The Company's bakery product range is comprehensive and includes:
Large premium and celebration cakes.
Small snacking cake formats such as cake slices and bites.
Artisan, healthy lifestyle and organic breads through to rolls, muffins (sweet and savoury) and morning pastries, all of which are available both fresh and frozen dependent on customer channel requirements.
The Company is one of the largest ambient cake manufacturers in the UK, a market valued at over 938 million (source: Symphony IRI, 52 w/e 19th August 2017). The annual retail bread and morning goods market has a value of 4.0 billion (source: Kantar Worldpanel 52 weeks to 16th July 2017). The UK foodservice bread and morning goods bakery sector is worth approximately 836 million per annum. The UK foodservice cake and sweet treat bakery sector is worth approximately 494 million per annum (UK foodservice data derived from NPD Crest 52 w/e 30th June 2017).
The Company comprises a UK Bakery division and an Overseas division:
The UK Bakery division has manufacturing sites in Cardiff,East Kilbride, Hamilton, Salisbury, Sheffieldand Manchester.
The Overseas division comprises the Company's 50% owned company, Lightbody Stretz Ltd, which supplies and distributes the Group's UK-manufactured products and third party products, primarily to Europe.
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCFFAFLUFWSEDS
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