UK: Big Food Group says recovery on track
Big Food Group, the UK frozen food retailer formerly known as Iceland, has issued a positive statement outlining its recovery programme. The group has made savings of £21.1m (US$30.9m) from the integration of the Booker and Iceland businesses, and predicting annual savings of £30m. Pre-exceptional profits in the year to 29 March were £42.9m, at the upper limit of forecasts.
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