UK ice cream maker Richmond Foods has confirmed it is expecting a rise in pre-tax profit for the year to 2 October.
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Noting the recent volatility in its share price, the company confirmed that profit before tax, after long term incentive plan charges, for the 53 weeks ending 2 October 2005, will be approximately £14.4m (US$26.0m), compared to £13.3m for the previous year.
Richmond said that on 23 September 2005 it will be issuing a pre-close trading statement dealing with its expected performance for the current financial year and its view of trading prospects.
