UK: Oldfields purchase boosts Richmond Foods' sales
UK ice cream maker Richmond Foods has reported a 17% rise in sales for its first-quarter, which is traditionally the company's quietest quarter.
The company said that its recent acquisition of Sheffield-based ice cream maker Oldfields had contributed 7% to the sales growth.
Chairman Ross Warburton said that results for the full year will depend on performance in the second half of the year, when trading last year benefited from the warm summer weather.
He added that since the start of the new financial year the company had won further new retailer own brand business, which would help the company to make "further progress" during 2004.
Sectors: Ice cream
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