REG - Roebuck Food Group - Trading Update

Roebuck FoodAnnouncement

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RNS Number : 4353Q  Roebuck Food Group PLC  27 January 2026

 
Trading Update

 

Roebuck Food Group plc (AIM:RFG) is pleased to provide the following Trading
Update in respect of the year ended 31 December 2025.

 

GlasPort Bio, which was consolidated from 7 February 2025, has made
significant progress and achieved many milestones towards commercialisation of
GasAbate during the year;

·      Built out a strong commercial team under the leadership of CEO,
Justin McCarthy

·      Completed pilot installations on large-scale commercial farms in
three countries in conjunction with leading food processors. GlasPort Bio now
has installations across specialist dairy, pig, and beef enterprises, with the
GasAbate system installed on both indoor and outdoor storage facilities

·      First recurring revenues generated by GlasPort Bio in Q4 FY25

·      Best-in-class manure-methane abatement MRV (Measurement,
Reporting, Verification) system designed and delivered

·      Third-party Assurance attained from the Carbon Trust Assurance,
confirming methane abatement by an average of 78%. Carbon Trust Assurance is
the independent assurance arm of the leading global climate consultancy, the
Carbon Trust which has 6 offices globally.

·      Further non-dilutive grant funding of €1.85m secured (and a
further €0.55m for Glasport RumenTech)

 

Moorhead & McGavin (M&M) / Foro Food Solutions, our wholly-owned
plant-based ingredients division which supplies Food Service and Food
Manufacturing in the UK and Ireland had a difficult year in 2025. As outlined
in our Interim Statement of 30 September 2025, the UK Food Service market was
particularly difficult with M&M sales down by 23% at the half year, but
showed signs of stabilisation in the second half. We are pleased to confirm
that this improving trend continued to year-end.

·      M&M sales grew by 2% in Q3 and 4% inQ4, leaving full-year
sales down 11%; this comprised price deflation of -5.9%, volume -5.6%, and mix
+0.5%

·      Division sales including Foro were GBP 10.9m, -4.7% on FY24.

·      Division was EBITDA positive in FY25, albeit well down on FY24

·      Action taken to manage costs and diversify suppliers and
customers, positions the division for sales growth and profit recovery in
2026

·      Significant new contract win with leading multinational food
manufacturing group

·      Management is looking at various options to optimise the value of
our investment in this business

 

Central plc costs were significantly reduced in FY25 and will fall further in
FY26.

 

Preliminary Results for the year ended 31 December 2025 will be published at
the end of March 2025.

 

 

Enquiries:

 Roebuck Food Group
 Aidan Hughes, Finance Director  Telephone: + 44 28 3049 3399

 Davy (Nomad)
 Anthony Farrell                 Telephone: + 353 1 679 6363

 

 

 

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