Not going to set the world alight but good chart and steady riser. Tie-in with Nestle could lead to a takeover in the future and profits are rising. Anyone else out there taking a slurp of this one?

LONDON (AFX) - Richmond Foods PLC said trading in the final three months of 2004, traditionally the British ice cream maker's quietest quarter, has been in line with expectations.

In a statement chairman Ross Warburton said the British ice cream market, having been hurt by poor weather this summer, has shown signs of recovering this winter to similar levels seen over recent years.

'The board remains confident that your company will make further

progress during 2005,' he said ahead of the company's annual shareholder meeting.

Richmond, which makes ice cream under licence for Swiss food giant Nestle, and also supplies leading UK supermarkets with own-label products, grew underlying profit 34 pct to 14.04 mln stg in the year to Sept 26 2004 on sales of 143.63 mln.

It's good to see that Fidelity have taken more shares on board following the recent falls. I still feel a bid situation will happen here in the not-too-distant future.