Uniq said today (15 June) that its trading this year remains in line with its forecasts, with sales trends continuing to improve.
The UK chilled food group released a statement ahead of its AGM that said sales for the five months to the end of May had grown 6.9%.
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However, Uniq, which makes a range of products for the UK’s retailers, issued a note of caution on cream prices.
“There has recently been a significant increase in dairy prices, and in particular in the price of cream. This is predicted to continue for the rest of the year and we have commenced the process of increasing prices to our customers,” the company said.
Uniq’s results for the half year to 30 June will be announced on 22 July.
In April, Uniq said its underlying UK business booked an operating profit of GBP4.4m (US$6.8m) – against an operating loss of GBP1.3m.
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By GlobalDataRevenue from continuing operations, after a year in which Uniq decided to offload its European businesses, was flat at GBP287.2m.
However, Uniq’s said its pre-tax losses grew from GBP100,000 to GBP18.5m after the company incurred GBP11.3m in pension costs.
