UK sugar-to-dessert group Real Good Food Company has booked a 62% increase in EBITDA on strong sales gains.
EBITDA for the 15 months to 31 March rose to GBP9.1m (US$14.3m) on sales that increased from GBP249m to GBP305.5m. Key trading divisions of Napier Brown, Garrett and Renshaw all increased their EBITDA performance year-on-year, the company revealed.
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Pre-tax profits rose to GBP4.4m, compared with GBP1.9m last year.
Pieter Totte, RGFC executive chairman, said the firm has “delivered” on its aim to drive sales and profits.
“We are now embarking on an exciting period designed to transform the scale of the group over the next three years,” he said.
