Profit boost for Cardiff bakery manufacturer

Posted on 2 Apr 2015 by Victoria Fitzgerald

Baked goods manufacturer, Finsbury Food Group, reported pre-tax profits up by 95% in the second half of last year.

The surge is said to be a result of the firm’s acquisition of the Fletchers Group of Bakeries. The Cardiff-based manufacturer hit a like-for-like profit increase of 77% in the last six months of 2014. Group revenue rose by 24.1% and operating profits were up 74%. The firm also said the profit boost was a…

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