The Real Good Food Co., the UK bakery and sugar supplier, said today (26 January) that its annual pre-tax profits are set to beat market expectations by around 25%.
Go deeper with GlobalData
The company, which supplies to retailers including Marks and Spencer and Waitrose, said “strong progress” across its business units had led to the buoyant forecast.
The group’s retail sugar sales hit “record levels” and sales to industrial customers rose “strongly” in the second half of the year.
Hayden’s, Real Good Co.’s bakery division, saw sales to three of its major customers – including M&S and Waitrose – increase “significantly”.
Executive chairman Pieter Totté said: “I am delighted by the progress we have made over the past year in developing new sales, expanding our product ranges and broadening our customer base. After a strong start to the current year, it gives me confidence that we are well placed to build on this progress.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
