UK food company Uniq has said that it expects to meet analysts’ full-year profit expectations.
CEO Bill Ronald said the company was making excellent progress and was confident of meeting expectations.
Analysts have forecast pre-tax profits of between £26m and £28m (US$41-45m) in the year ending March 2003.
The company also reported first-half operating profit on continuing businesses up 29% to £14.1m, reported Reuters.
Uniq recently finalised the £86.5m sale of its St Ivel spreads business to UK dairy products company Dairy Crest as part of company restructuring.