Real Good Food PLC AGM Statement and Trading Update (8759Z)
23 Septembre 2015 - 8:00AM
UK Regulatory
TIDMRGD
RNS Number : 8759Z
Real Good Food PLC
23 September 2015
Strictly embargoed until: 07.00 on 23(rd) September 2015
Real Good Food plc
("the Group" or "Real Good Food")
AGM Statement and Trading Update
Real Good Food plc (AIM:RGD) will today hold its Annual General
Meeting at 11.30 a.m. at Haberdashers' Hall, 18 West Smithfield,
London EC1A 9HQ.
At the meeting Pieter Totté, Executive Chairman, will make the
following statement:
"Overall we are very satisfied with the way that trading has
started during the early part of our new financial year.
Pleasingly, our cake decorating businesses continue to perform
well, showing good EBITDA growth with our most recent acquisition,
Rainbow Dust, making a healthy contribution.
"Total Group revenue is currently down on a like-for-like annual
basis, but this is entirely attributable to continued commodity
price deflation, particularly in both the dairy and sugar markets,
which affected our Garretts Ingredients subsidiary.
"Despite this, the three pillar business strategy we announced
at the time of our year end results is working well and overall
trading for the Group is currently in line with market
expectations.
"We look forward to the key autumn and Christmas season with
confidence."
*-ends-*
About Real Good Food plc
Real Good Food plc is a diversified food business serving a
number of market sectors including retail, manufacturing,
wholesale, foodservice and export. The Company focuses on three
main markets: cake decoration (Renshaw, Rainbow Dust Colours), food
ingredients (Garrett Ingredients and R&W Scott) and premium
bakery (Haydens).
ENQUIRIES:
Real Good Food plc
Pieter Totté, Executive Tel: 020 3056 1516
Chairman
David Newman, Finance Tel: 020 3056 1516
Director
Andrew Brown, Marketing Tel: 020 3056 1517
Director
Shore Capital & Corporate
(Nomad and Joint Broker)
Stephane Auton Tel: 020 7408 4090
Patrick Castle
Daniel Stewart and Company
Plc (Joint Broker)
Martin Lampshire Tel: 020 7776 6550
Belvedere Communications
(PR)
John West Tel: 020 3567 0510
Kim van Beeck
This information is provided by RNS
The company news service from the London Stock Exchange
END
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