Real Good Food PLC Hardman & Co Issues Research Report
04 Avril 2016 - 5:43PM
RNS Non-Regulatory
TIDMRGD
Real Good Food PLC
04 April 2016
Hardman & Co issues research report on Real Good Food plc
(RGD.L)
Profits to rise 30% FY17
We reinstate FY17 RGF estimates, having suspended forecasts in
February post the Real Good Food trading update on 1(st) of that
month. Food manufacturing is a robust sector - as long as the
producer can manage or minimise exposure to the commodity-based
multiple grocery lines. A number of quoted producers have
benefitted from trends, for example such as consolidation (Finsbury
Foods), pork consumption (Cranswick). Real Good Food's (RGF)
underlying trends have diversity, and one main thrust is the
continued rise in baking as a hobby. This offers value-add consumer
demand. The road has some bumps but is fruitful.
Please click here for the full report:
http://www.hardmanandco.com/docs/default-source/company-docs/real-good-food-company-documents/04-04-16-profits-to-rise-30-fy17
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END
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April 04, 2016 11:43 ET (15:43 GMT)
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