28th Mar 2022 09:38
Roebuck Food Group PLC - Newry, Northern Ireland-based protein and product sourcing company - Widens loss on continuing activities before tax to GBP2.7 million in 2021 from a GBP789,000 loss in 2020. Revenue rises 30% to GBP24.5 million from GBP18.8 million year-on-year. Within its two divisions, its Sourcing revenue increased 31% in the year while its Diary division grew 20%. Roebuck says it believes it is "appropriate" to impair GBP1.5 million in development expenditure in the current year for the initial development phase of its A2 dairy protein business unit.
Current stock price: 18.40 pence, up 5.1% in London
12-month change: up 84%
By Heather Rydings; [email protected]
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