Hardman & Co issues research report on Real Good Food Company
Major disposal brings transformative benefits: May's £34m disposal of Napier Brown delivers material upside for Real Good Food financially and strategically. FY15 Results are due shortly. Real Good Food has exited a cyclical and low margin business at a good price, transforming group growth prospects and risks. Opportunities to accelerate profit growth are now enhanced, with scope to deploy funds judiciously in organic and acquisition led investment.
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http://www.hardmanandco.com/sites/default/files/research_papers/RGD%20July15.pdf
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