UK food company Uniq has said that it expects to meet analysts’ full-year profit expectations.

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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.

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