Uniq H1 loss totals GBP12.5m (US$20.6m)
UK ops breaking even
Sees return to profitability by year-end
Uniq this morning (30 July) posted a pre-tax loss of GBP12.5m for the first half of the year, down from a profit of GBP3m a year ago.
Go deeper with GlobalData
For the six months ended 30 June, sales slid from GBP143m to GBP141m as consumers traded down to cheaper products, the UK food firm said.
During the period, the struggling ready meals maker struck a deal to sell its French unit to Groupe LDC for EUR73m (US$102.7m), subject to shareholder approval.
The company said that its UK operations are now breaking even and that it expects to return to profitability by the end of the year.
Click here for the full release, or check back later for just-food’s insight into Uniq’s trading performance.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
