UK a weak link for sausage firm

DEVRO, the sausage casings maker, yesterday warned that its performance in 2013 is set to be at the lower end of forecasts, sending its shares down one per cent.

The FTSE 250-listed firm said that sales in new markets such as Latin America were growing, but developed markets including Britain had disappointed this year.

Devro is spending £40m on a new plant in South Carolina and “actively evaluating options” for expansion in China next year, it said.