Hardman Research: 2017 success will follow on from 2015 success
2017 success will follow on from 2015 success: 2016 has been a dominated by the post-disposal period following the major and successful strategic disposal in May 2015 of Napier Brown sugar business. There has been subsequent focus on re-structuring into the three pillars. Thus Real Good Food is a food manufacturing business serving sectors including specialist retail, manufacturing, foodservice, grocers, wholesalers and export. Margins vary significantly between divisions and we observe the efforts to raise margins in the lower two pillars whilst growing the whole business emphasising serving more discerning and demanding segments of the respective markets.
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