Finsbury Food Group PLC Notice of Results (9177V)
February 03 2017 - 2:00AM
UK Regulatory
TIDMFIF
RNS Number : 9177V
Finsbury Food Group PLC
03 February 2017
Date: 3 February 2017
On behalf Finsbury Food Group Plc ('Finsbury',
of: 'the Company' or 'the Group')
For immediate release
Finsbury Food Group Plc
Notice of Results
Finsbury Food Group Plc (AIM: FIF), a leading UK speciality
bakery manufacturer of cake, bread and morning goods for both the
retail and foodservice channels, will announce its interim results
for the six months ended 31 December 2016, on Monday 20 March
2017.
An analyst briefing will be held at 1000hrs on the day at
Redleaf Communications, First Floor, 4 London Wall Buildings,
Blomfield Street, London, EC2M 5NT.
Analysts wishing to attend the briefing should contact Redleaf
Communications on 0207 382 4730 or email finsbury@redleafpr.com to
register.
- ENDS -
For further information:
Finsbury Food Group Plc www.finsburyfoods.co.uk
John Duffy (Chief Executive) 029 20 357 500
Stephen Boyd (Finance Director)
Cenkos Securities plc
Bobbie Hilliam (Corporate
Finance)
Redleaf Communications finsbury@redleafpr.com
Rebecca Sanders-Hewett 020 7382 4730
Sarah Fabietti-Dallison
Sam Modlin
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.
-- Following the acquisition of the Fletchers Group of bakeries,
the Company is one of the largest speciality bakery groups in the
UK with annualised sales in 2016 exceeding GBP300 million.
-- 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 now the second largest manufacturer of ambient
packaged cake (excluding In Store Bakery (ISB)) in the UK, a market
valued at over GBP945m (Source Symphony IRI, 52 w/e 31st December
2016). The annual retail bread and morning goods market has a value
of GBP3.7 billion (source Kantar Worldpanel 52 weeks to 1 January
2017). The UK foodservice bread and morning goods bakery sector is
worth approximately GBP800 million per annum, 70 per cent of which
is in morning goods. The UK foodservice cake and sweet treat bakery
sector is worth approximately GBP600m per annum.
-- The Company comprises a UK Bakery division and an Overseas division:
- UK Bakery has manufacturing sites in Cardiff, East Kilbride,
Hamilton, Twechar, Salisbury, Sheffield, London and Manchester.
- The overseas sector comprise, 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 RNS
The company news service from the London Stock Exchange
END
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