Share Name Share Symbol Market Type Share ISIN Share Description
Finsbury Food Group Plc LSE:FIF London Ordinary Share GB0009186429 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 85.50 84.00 87.00 85.50 85.50 85.50 63,574 07:44:41
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food Producers 303.6 4.5 1.7 50.3 109

Finsbury Food Group PLC Annual Report and Accounts and Notice of AGM

18/10/2019 7:00am

UK Regulatory (RNS & others)


TIDMFIF

RNS Number : 2999Q

Finsbury Food Group PLC

18 October 2019

 
 Date:                   18 October 2019 
 On behalf of:           Finsbury Food Group plc ('Finsbury', 'the Company' 
                         or 'the Group') 
 For immediate release 
 
 

Finsbury Food Group plc

Publication of Annual Report and Accounts and Notice of Annual General Meeting

In accordance with AIM Rule 20, Finsbury announces that the Report & Accounts of the Company for the year ended 29 June 2019 and its Notice of Annual General Meeting ("AGM") have been published today and are available to view and download from the Investors section of the Company's website at www.finsburyfoods.co.uk.

Hard copies of these documents will be posted today to those shareholders who have elected to continue to receive paper communications. Shareholders are recommended to vote electronically at www.signalshares.com but may request a hard copy proxy form from the Company's Registrar, Link Asset Services, by calling the shareholder helpline.

The AGM will be held at the offices of CMS Cameron McKenna Nabarro Olswang LLP, Cannon Place, 78 Cannon Street, London, EC4N 6AF on Wednesday, 20 November 2019 at 09.30am.

Contact:

 
 Finsbury Food Group 
  John Duffy (Chief Executive) 
  Steve Boyd (Finance Director)    www.finsburyfoods.co.uk    029 20 357 500 
                                          Cenkos Securities 
                                                Max Hartley 
                                        (Corporate Finance) 
 Alma PR 
  Rebecca Sanders-Hewett 
  Sam Modlin 
  Hilary Buchanan                  finsbury@almapr.co.uk      020 3405 0205 
 

Notes to editors:

-- Finsbury Food Group Plc (AIM: FIF) is a leading UK manufacturer of cake and bread bakery goods, supplying a broad range of blue chip customers within both the grocery retail and 'out of home eating' foodservice sectors including major multiples and leading foodservice providers.

-- The Company is one of the largest speciality bakery groups in the UK and, with its Overseas division, has sales in the financial year ending 29 June 2019 exceeding GBP315m.

   --      The Company's bakery product range is comprehensive and includes: 

o Large premium and celebration cakes.

o Small snacking cake formats such as cake slices and bites.

o Artisan, healthy lifestyle and organic breads through to rolls, muffins (sweet and savoury) and morning pastries, all of which are available both fresh and frozen dependent on customer channel requirements.

o Gluten Free bread, morning goods and cake ranges.

-- The Company is one of the largest ambient cake manufacturers in the UK, a market valued at over GBP969 million (source: IRI, 52 w/e 20(th) July 2019). The retail bread and morning goods market has a value of GBP4.5 billion (source: Kantar Worldpanel 52 w/e 14(th) July 2019). The retail Free From Cake market is valued at GBP49.5 million (source: Kantar Worldpanel 52 w/e 24(th) March 2019). The retail Free From bread & morning goods market is valued at GBP125.3 million (source: Kantar Worldpanel 52 w/e 21(st) April 2019). The UK Out of Home sector Foodservice Bakery sector is worth approximately GBP747 million per annum (source: derived from MCA data for 52 weeks to 31(st) March 2019). The UK foodservice cake and sweet morning goods bakery sector is worth approximately GBP918 million per annum (UK foodservice data derived from MCA data for 52 weeks to 31(st) March 2019).

   --    The Company comprises a core UK Bakery division and an Overseas division: 

o The UK Bakery division has manufacturing sites in Cardiff, East Kilbride, Hamilton, Salisbury, Sheffield, Manchester, and Pontypool.

o The Overseas division comprises the Company's 50% owned company, Lightbody Stretz Ltd, which supplies and distributes the Group's UK-manufactured products and third party products, primarily to Europe, and the Company's manufacturing facility in ywiec in Poland.

-- In September 2018, the Company completed the acquisition of Free From baker Ultrapharm, giving the Group a significant opportunity to access an exciting and high growth marketplace and manufacturing facilities in Pontypool in the UK and in ywiec, Poland.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

MSCFFUFMWFUSESS

(END) Dow Jones Newswires

October 18, 2019 02:00 ET (06:00 GMT)

1 Year Finsbury Food Chart

1 Year Finsbury Food Chart

1 Month Finsbury Food Chart

1 Month Finsbury Food Chart
Your Recent History
LSE
FIF
Finsbury F..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191212 03:09:52