Brief: Real Good Food FY Revenue From Cont Ops Fell 9.5% To 37.3 Mln Stg

Real Good Food

21/09/2021 08:37

Sept 21 (Reuters) - Real Good Food PLC  RGD.L :
    * FY REVENUE FROM CONTINUING OPERATIONS FELL 9.5 PERCENT TO
37.3
MILLION STG
    * FOLLOWING SALE OF BRIGHTER FOODS, NET DEBT WAS REDUCED BY
£26.4
MILLION
    * FY ADJUSTED UNDERLYING EBITDA* ON CONTINUING BUSINESSES OF
£0.2
MILLION (2020: LOSS OF £1.6 MILLION)
    * GROUP REVENUES AND PROFIT ARE IN LINE WITH BOARD
EXPECTATIONS,
AND AHEAD OF PRE-PANDEMIC LEVELS (FY20)
    * BOARD IS NOT RECOMMENDING PAYMENT OF A DIVIDEND FOR YEAR
    * SAYS SINCE YEAR-END, GROUP HAS SEEN A PICK-UP IN REVENUES
ACROSS
EVERY SECTOR
    * AFTER FIVE MONTHS OF TRADING, REVENUES ARE 33% UP ON SAME
PERIOD
LAST YEAR AND 1.3% AHEAD OF FIRST FIVE MONTHS OF FY20
    * PROSPECTS FOR REMAINDER OF YEAR ARE GOOD AND BOARD IS
CONFIDENT
OF REPORTING FURTHER PROGRESS

Source text for Eikon:  ID:nRSU3832Ma 
Further company coverage:  RGD.L 

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