Notice of Results

Released : 31.08.2017

RNS Number : 3547P
Finsbury Food Group PLC
31 August 2017
 

 

Date:

31 August 2017

On behalf of:

Finsbury Food Group Plc ('Finsbury', '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 Preliminary Results for the year ended 1 July 2017, on Monday 18 September 2017.

 

An analyst briefing will be held at 10:00am 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

Elisabeth Cowell           

020 7382 4730

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.

▪     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 £936m (source: Symphony IRI, 52 w/e 24th June 2017). The annual retail bread and morning goods market has a value of £3.6 billion (source: Kantar Worldpanel 52 weeks to 29 January 2017). The UK foodservice bread and morning goods bakery sector is worth approximately £800 million per annum. The UK foodservice cake and sweet treat bakery sector is worth approximately £465m per annum (UK foodservice data derived from NPD Crest 52 w/e 31st December 2016).

 

▪     The Company comprises a UK Bakery division and an Overseas division:

 

-    The UK Bakery division has manufacturing sites in Cardiff, East Kilbride, Hamilton, Twechar, Salisbury, Sheffield, London and 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 RNS
The company news service from the London Stock Exchange
 
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