Finsbury: H1-2019|2020 Pre-Close Trading Statement

London / UK. (ffg) British Finsbury Food Group PLC, a leading UK speciality bakery manufacturer of cake, bread and morning goods for both the retail and foodservice channels, announces an update on trading for the six months ended 28 December (H1-2019|2020). The Group generated total sales of GBP 159.4 million in H1, representing a 4.7 percent increase versus the equivalent period in 2018. Growth in sales was driven by the Group’s core division, UK Bakery, which grew by 5.8 percent. Sales from the Group’s Overseas division reduced by 3.5 percent versus the comparable period. Notwithstanding the Group’s continued momentum, management are cognisant of the difficult trading environment and wider macro-economic uncertainty, and remain focused on innovation, efficiency and investment. The Group is trading in line with market expectations for the full year. The Group will announce its Interim Results for the six months ended 28 December 2019, on Monday 24 February 2020.