Finsbury Foods profit falls in H1 on pandemic impact | 22 February 2021
22 February 2021 | 08:39am StockMarketWire.com - Bakery goods manufacturer Finsbury Foods reported a fall in first-half profit as revenue was hurt by a pandemic fueled hit to foodservice amid ongoing government Covid-19 restrictions. For the six months ended 26 December 2020, pre-tax profit fell 16.1% to £7.4 million year-on-year as revenue declined by 4.1% to £152.9 million. The company pledged to review the dividend, which remains suspended, for the year ending 26 June 2021 over the coming months. Looking ahead, the company said the macroeconomic environment looks set to remain uncertain...
Source: stockmarketwire.com