Real Good Food sees healthy revenue lift

Kasmira Jefford
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THE REAL Good Food Company, yesterday reported a rise in full-year profits after its bakery and jam divisions swung back into the black.

The Liverpool-based food manufacturer said pre-tax profits jumped 36.7 per cent to £6.77m in the year to 31 March on a “modest” increase in sales – up 2.8 per cent to £265.8m on the previous year.

The group said all five trading divisions recorded positive earnings after improvements at Haydens Bakery and R&W Scott.

“While the outlook for the economy and consumers’ disposable income is likely only to improve gradually, I am confident that we have a strong platform for long term, sustainable growth,” executive chairman Pieter Totte said.