Belgium-based ready meals maker Ter Beke today (28 August) booked a jump in half-year profits thanks to tight cost control and lower financial charges.

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The group posted a 10.9% rise in EBIT to EUR6.7m (US$9.6m) for the six months to June despite revenue dipping 0.4% to EUR191.4m.


The end of “unprofitable” contracts in France weighed on revenue from Ter Beke’s ready meals division, which saw sales fall 4.7% to EUR3m.


However, growth of “traditional processed meat” boosted sales from that unit by 1.8% to EUR2.3m.

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