Finsbury Food sales edge higher

Finsbury Food Group, the cake and gluten free bread manufacturer, said revenues in the first half of the year rose 1.3 per cent to £103m, in line with management expectations. The company’s cake business grew two per cent to £1.1m. However Lightbody Europe, the Group’s 50 per cent owned joint venture business, was hit by a 17 per cent drop in sales, which Finsbury blamed on the strength of the pound against the euro.