Result of AGM

RNS Number : 0476W

Real Good Food Company Plc (The)

05 June 2008

 



The Real Good Food Company plc

AGM Result and Trading Update

The Real Good Food Company plc (Symbol: RGD) is an AIM-listed food Group, comprising three operating divisions: sugar, baking ingredients and bakery. 

At today's Annual General Meeting, all resolutions were duly passed by shareholders.

Commenting on trading since the start of 2008, Chairman Pieter Totté said:

'I am pleased to be able to reiterate the comments I made in our preliminary results announcement in April. The current year has started with the Group trading in line with our expectations. 

'Market challenges remain, heightened by uncertainties in commodity, credit and consumer markets. Management's focus will remain on improved operational efficiency, inventory management, customer service, product innovation and cash management. 

'For the full year the Board expects the Group to report stable profit before tax from continuing operations, as raw material cost pressures are mitigated by the benefits accrued from both the efficiency improvement and cost recovery programmes initiated in 2007.' 

5 June 2008

ENQUIRIES:

The Real Good Food Company plc          Tel: [phone]

Stephen Heslop Chief Executive

Lee Camfield Finance Director  

Shore Capital                                          Tel: [phone]

Guy Peters

College Hill                                            Tel: [phone]

Gareth David

Note to EditorS

The Group's three operating divisions are: 

Sugar: incorporating Napier Brown Foods, the UK's largest independent, non-refining, distributor of sugar supplying a range of sugar and dry ingredients to the retail, foodservice and industrial sectors;

Baking Ingredients: incorporating Renshaw, a leading manufacturer of marzipans, ready to roll icings, baking chocolate and jam, supplying major cake manufacturers, high street bakers and retailers;

Bakery: incorporating Hayden's Bakeries and Seriously Scrumptious: produces chilled and ambient premium patisserie and dessert products to retail grocery customers.

Further information about the Group is available via the website: www.realgoodfoodplc.com

 

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