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16 Jan 2019 | 08:46

Finsbury Food Group sales fall amid 'difficult' macro environment, rising costs

Finsbury Food Group said Wednesday sales declined 3.5% blaming a difficult macro environment and a 'sustained' rise in input cost.

For the six months to 31 December, total revenue declined 3.5% to £152.3m, and like for like revenue increased just 0.5% to 145.5m.

Like for like sales were hampered by the closer of bakeries in the first of the year, the company said.

The group's core division, UK Bakery, grew by 1.7%,, while the overseas division declined by 8%.

At 8:46am: (LON:FIF) Finsbury Food Group PLC share price was -11p at 82p

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