Real Good Food: expectations will be met

London / UK. (rgf) The Real Good Food Company PLC, which owns Hayden´s Bakeries in Devizes (Wiltshire), has announced that it is confident that current market expectations for full year profits will be met. In a six month trading statement to June 30th, the company said that sales in its bakery ingredients division had been slow, albeit in a traditionally quiet trading period and were «slightly down» on the previous year.

However in its bakery division, sales were ahead on 2006 as was profitability, despite some price reductions. The company also announced that group managing director John Gibson would be stepping down from the board at the end of September and would be replaced by Stephen Heslop, currently managing director of the group´s bakery and baking ingredients divisions.