Interim Results, 2022

Wed, 28th September 2022

Roebuck Food Group plc (AIM: RFG), is pleased to announce its interim results for the six months ended 30 June 2022.

Financial Highlights

  • Sales increased by 14%, from £11m to £12.5m.
  • Operating profit from continued operations £0.2m (2021 loss of £0.2m).
  • Net debt of £1m (Dec 21 Net cash £1.4m). This has mainly arisen after settling £1.5m of liabilities in respect of the sale of the cold stores.
  • Milk production increased by 8.4%
  • Operating margin at the Sourcing Division increased from 1.2% to 1.9%
  • Operating profit from dairy division increased from breakeven to £0.2m

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