Blog: Real Good Food Co. confident on trading ahead

Michelle Russell | 12 September 2013

It has been less than three months since UK sugar-to-ingredients group The Real Good Food Co published its full-year earnings results and the company appears equally as confident on its year ahead.

The diversified food group is set to hold its AGM in London today (12 September), where chairman Pieter Totté is expected to give an update on the board's expectations for the year ahead.

In June, the company booked a jump in full-year earnings accompanied by a "modest" increase in revenue. This looks set to be a repeat performance in the firm's next fiscal year with trading in the first half already in line with expectations, Totté will to confirm today.

RGFC has been busy investing in growth over the last 12 months or so. The owner of Napier Brown, Europe's biggest non-refining sugar distributor, has been focusing on three initiatives: investing in its sugar handling hub, set to be operational in the next quarter; focusing on its brands, including gaining new listings for its Whitworths brand; implementing retail strategy for its R&W Scott's bakery ingredients unit; and establishing a presence in Europe and the US for its Renshaw's bakery unit also.

Totté is expected to tell investors: "Underpinning all of this, I am continuing to drive the businesses to be more market-led, investing further in sales and marketing management to help realize the growth opportunities faster and more effectively."

Check back on the site for just-food's interview with Totté from the firm's AGM.

BLOG

General Mills trials new way of buying Haagen-Dazs

On Friday (7 September), ice-cream lovers in part of central London were able to order Häagen-Dazs on their phones - and have it delivered directly to them, wherever they were....

BLOG

just-food closed on Monday 27 August

As I type, grey skies cover south-east London, with drizzle hitting the windows - but the forecast is set fairer for tomorrow when the country has its final public holiday before Christmas Day....

BLOG

If Kraft Heinz passed on Pinnacle, it should do so with Campbell

It's almost 18 months since Unilever rebuffed Kraft Heinz and, ever since, the rumour mill has spun over where the US manufacturer could look next. It's been reported today (2 August) the ketchup make...



Forgot your password?