Real Good Food shares turn sour on profit warning
1st Apr 2015 12:06
Shares in Real Good Food plunged over 14% on Wednesday, after the ingredients group issued a profit warning. The AIM-listed company said it expected its full-year adjusted profit to miss targets on the back of falling sugar prices, adding that it was in talks over its Whitworths sugar business. The
Read moreSector movers: Food stocks binned after Tate & Lyle profit warning
6th Feb 2015 14:49
Tate & Lyle was dampening the food sector in London on Friday after the sweeteners maker disappointed investors with its second profit warning in just four months. Tate & Lyle said it now expects adjusted pre-tax profits for the year ending 31 March to be below previous guidance of £230m-245m. The
Read moreReal Good Food completes £4m Rainbow Dust acquisition
20th Jan 2015 15:49
Bakery products manufacturer and supplier Real Good Food (RGF) has looked to cement its position in the increasing "global phenomenon" of cake decoration with the £4m acquisition of Lancashire-based cake decorating products business Rainbow Dust Colours. The group said the initial sum, which was fun
Read moreReal Good Food H1 revenues affected by falling sugar prices
18th Dec 2014 12:26
Real Good Food saw its profits turn into losses during the first half of the year due to a pricing dispute with British Sugar and a drop in sugar prices. The food business, which distributes sugar in the UK, reported a drop in revenues by 1% to £128.7m from £130.1m same time last year. Pre-tax pro
Read moreSector movers: Consumer staples making gains
8th Apr 2014 15:16
Consumer staples stocks were among the best performers on Tuesday in London with tobacco, food and beverage stocks leading the advance. Cigarettes and tobacco giant British American Tobacco was among the best performers on the FTSE 100 in afternoon trade, up 1.8%, along with cosmetics and food grou
Read moreSoggy bottom line for Real Good Food as costs and sugar prices weigh
3rd Dec 2013 09:23
First-half profits plummeted at ingredients specialist Real Good Food as it suffered from a dramatic drop in EU sugar prices and continued its reorganisation. Higher costs meant that profits plunged 90% to £0.1m on sales down 5.6% to £130.1m in the six months to September 30th, meaning a soggy bott
Read moreReal Good Food Company's sugar unit wins supply deals with Asda, Booker
10th Oct 2013 10:34
The Real Good Food Company said its sugar specialist Napier Brown had won major new supply contracts from grocer Asda and wholesaler Booker for its Whitworths sugars range. The deals will double the retail value of Whitworths sugar sales and create about 80 new jobs at Napier Brown's headquarters i
Read moreReal Good Food hits first half targets
12th Sep 2013 08:39
UK bakery, ingredient and sugar group Real Good Food said trading during the first half of its financial year has been in line with company expectations. In June, the Liverpool based group announced a positive trading performance for the 12 months ended March 31st 2013, following improved profitab
Read moreThursday tips round-up: Bunzl, Direct Line, Real Good Food
27th Jun 2013 06:36
Bunzl is a boring investment but in these markets, boring is good, according to The Times' Tempus column. As a note from Numis Securities on Wednesday highlighted, there is little that is boring about a share price that has risen by 25 times over 23 years. The latest trading statement from Bunzl al
Read moreFinal quarter pick up for Real Good Food
20th Mar 2013 07:20
Sugar and ingredients firm Real Good Food Company said, following a difficult third quarter, trading in the final quarter to March has been encouraging with a large positive swing in EBITDA. The rise in EBITDA was due to a stronger sugar trading quarter, combined with the turnarounds achieved at Ha
Read moreLondon open: Stocks fall ahead of fiscal cliff deadline
31st Dec 2012 08:26
The Footsie opened firmly in the red on Monday morning with just one day to go before the automatic spending cuts and tax increases in the US come into effect. Without a deal by politicians Stateside to avert the so-called fiscal cliff by tomorrow, analysts expect the US economy to plunge back into
Read moreReal Good Food completes five year banking facility
31st Dec 2012 07:54
Sugar and ingredients firm Real Good Food Company confirmed that it has completed a new five year 50m pound bank facility with its current financiers PNC Financial Services UK ahead of the maturity of its existing facilities in July 2013. The new facility which, represents a £10m increase on the e
Read moreReal Good Food confident of strong quarter
13th Sep 2012 07:50
UK bakery, ingredient and sugar group Real Good Food said the current year has started well, with a strong first quarter, a flatter second quarter, and early indications suggesting a seasonally-strong third quarter. The Liverpool based sugar producer added that is on track to meet market expectatio
Read moreSDL non-exec takes up only holding in firm
24th Aug 2012 16:24
Mandy Gradden, a non-executive director of SDL, the FTSE 250 information management firm, bought up 7,500 shares on Thursday, just over a week after the company unveiled a 20 per cent leap in first-half revenues. Gradden's purchase, in which she bought the shares at 658p each for a total of £49,35
Read moreBostock reduces stake in Marks and Spencer before exit
17th Aug 2012 16:12
Kate Bostock, who is quitting her role as Executive Director of General Merchandise at Marks and Spencer, has taken advantage of the recent rise in the retailer's share price with a double sale of shares late on Thursday. Bostock, who announced her exit in July but will stay on until October, sold
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