Any info.greatfully received.Ethel

These are starting to look interesting.

Preliminary Results

Highlights

§ Group revenue up 9.4% to £207.4 million (2011: £189.6 million)
§ Adjusted* profit before tax up 11.6% to £6.5 million (2011: £5.8 million)
§ Cake division continues to grow, up 9.2% to £152.4 million (2011: £139.6 million) from both UK and export markets
§ Bread and Free From division sales growth of 10.0% to £54.9 million (2011: £50.0 million) driven by strong growth in the fresh gluten free market, Vogel's brand growth and fresh Free From own label in the speciality bread market.
§ Adjusted* diluted EPS 7.8p (2011: 7.1p)
§ Total net debt including deferred consideration reduced by 8.6% to £33.9 million (2011: £37.1 million)

Operational Highlights

§ Significant organic growth across all divisions, notwithstanding the impact of commodity and cost inflation
§ Continued expansion of our 50% owned subsidiary Lightbody Europe
§ Creation of fresh Free From own-branding opportunities with major supermarket retailers
§ Launch of Heston's Hot Cross buns with Waitrose, supported by Easter TV marketing campaign

*These figures have been adjusted to eliminate the impact of certain charges required by IFRS and significant non-recurring items for the 52 weeks ended 30 June 2012 and ended 2 July 2011. Refer to the analysis in the Business Review for further details.


Commenting on the results, John Duffy, Chief Executive of Finsbury Food Group plc, said:
"I am delighted to report such a noteworthy set of results, both due to the significant revenue milestone accomplished this year and the increase in both top and bottom line growth in the period, despite continued market pressures.

Looking @40p - apparently a mention in IC yesterday.

Up another 9% today.

Looks like this is consolidating after the recent climb - RSI still looks overbought - any views?

Pre-Close Trading Statement

Total Group sales revenues increased to £103.3m, versus £102m in the prior year period, in line with management expectations for the period.

The UK Cake business grew 2%, £1.1m, broadly in line with the market whilst as forecast Lightbody Europe, the Group's 50% owned joint venture business, declined by £1.6m or 17% due to adverse exchange rate movements.

The Group's Bread and Free From division continued to deliver strong growth, an increase of £1.8m or 7% versus the prior year, to give total sales of £27.4m for the period. This is an encouraging continuation of the divisions long term performance trend.

Our outlook on the trading environment has stood us in good stead during the first half and remains unchanged for the second half. Consumers remain under considerable financial pressure and continue to be value conscious and deal focused. Key ingredients such as sugar, egg and flour are also inflationary as are more general costs such as energy. Finsbury's focus on internal efficiency improvements as well as sales growth and recovery of commodity inflation via pricing has been successful in slightly improving first half operating margins although they remain low.

The Group remains confident of continuing to achieve growth and efficiency opportunities across its businesses and is trading comfortably in line with profit and debt reduction expectations.

I see you are conducting a lonely vigil on this stock, skinny! Not a sector that inspires me and a 17% decline in their Euro business also puts me off. Possibly worth trading, but not on my investment list I'm afraid as market cap far too small at £24m.

Only small Harry - I'm not overly enamoured my the sector either!

Sale of Free From Business for £21 million

Finsbury Food Group plc (AIM: FIF), a leading manufacturer of cake, bread and bakery goods, announces today that it has sold its Free From business for a total value of approximately £21 million to focus on its core Cake and Bread businesses.

Finsbury Food Group plc
Notice of Results

Finsbury Food Group plc (Aim: FIF), a leading manufacturer of cake and speciality bread, will announce its interim results for the six months ended 31 December 2012, on Monday 25 March 2013.

Interim Results

Highlights
· Group revenue up 1% to £103.3m (H1 2011: £102.0m)
· Profit before tax up 32.8% to £3.0m (H1 2011: £2.2m)
· Sales in the UK Cake division up 2% to £67.8m (H1 2011: £66.6m)
· Sales in the Bread division up 7% to £27.4m (H1 2011: £25.6m)
· Net debt down 27% to £27.4m (H1 2011: £37.7m)

Operational Highlights
· New celebration cake venture in Australia
· Position as second largest manufacturer of ambient cake in the UK maintained
· Licensed cakes continue to perform well - strong performance from Spiderman and Moshi Monsters, plus addition of Me to You range
· Continued growth in Bread brands
· Placing to raise £3,779,300 after expenses for capital investment projects in UK Cake business

Post period highlights
· Sale of Free From business for £21m
· Approved interim dividend of 0.25p per share

Preliminary Results

Highlights

§ Group revenue from continuing operations £176.6 million (2012 £178.9 million)
§ Adjusted* profit before tax up 19% to £5.5 million (2012: £4.6 million)
§ Adjusted* diluted EPS 5.9p (2012: 5.0p)
§ Total net debt significantly reduced by 78% to £7.4 million (2012: £33.9 million)
§ Successful equity placing in November 2012 raised £3.8 million
§ Re-instatement of dividend with a proposed total dividend of 0.75 pence per share


Operational Highlights

§ Sale of Free From business for approximately £21 million
§ Transformed balance sheet enables increased investment and M&A opportunities
§ Expansion of bread manufacturing facilities at Nicholas & Harris
§ Continued investment and growth in brands and renewal of licenses
§ Bakery Awards supplier of the year 2013

Pre-Close Trading Statement

Finsbury Food Group plc (Aim: FIF), a leading manufacturer of cake and bread bakery goods is today providing an update on trading for the first half of the current financial year, ended 28th December 2013, prior to entering its close period.

The Board expects to report first half profit in line with market expectations. Following the sale of the Free From business in February 2013, continuing first half Group sales revenues are £86.6m, versus £88.2m in the prior year period. The UK Bakery business declined by 2.1%, £1.6m, whilst Lightbody Europe, the Group's 50% owned joint venture business, was flat year on year. Cost inflation in key ingredients such as butter and chocolate combined with general cost inflation continues to keep pressure on margins. The Company has however mitigated this pressure with internal efficiency investment and a cost reduction focus.

The planned cake capital investment programme is progressing well with the new cake slice 'snap pack' packaging format launched and further snacking cake automation investment on track for year end completion. Similarly the Nicolas and Harris bread facility expansion is being commissioned in January 2014. These and future capital investments will underpin further internal efficiency and capacity improvements to support sales growth in the coming years.

The Board remains confident of reporting a year on year improvement in PBT but believes general cost inflation will impact the Group's performance during the second half of the financial year. In reaction to the current trading environment, the Group plans to invest in up-weighted market activities to protect volumes and undertake an overhead reduction programme which will be completed in the second half. The full year benefit of the overhead reduction will be seen in the next financial year.

Pre-Close Trading Statement

Finsbury Food Group plc (AIM: FIF), a leading UK speciality bakery manufacturer of cake, bread and morning goods for both the retail and foodservice channels, is today providing an update on trading for the first half of the current financial year, ended 27th December 2014, prior to entering its close period.

The Board is pleased to report that since the positive AGM trading update in November 2014, strong trading performance throughout the Christmas period has continued. Total Company sales revenues grew to £107.6m, an increase of 24% on prior year. This represents organic growth of just over £4.9m, an increase of 5.6% versus prior year.

The Fletchers acquisition completed at the end of October contributed £16m of additional sales revenue. Consequently the UK Bakery division grew by 27.7% inclusive of Fletchers, with an especially strong seasonal performance from Cake. The Overseas division, the Company's 50% owned joint export business, also finished the first half strongly, resulting in flat sales versus the prior year and reversing the 3.1% decline reported for the first 4 months.

The strong sales growth and continued momentum was helped by new products such as Disney Frozen cakes, popular Christmas seasonal ranges and increased promotional activity. As previously stated, consumer markets remain challenging and the Board anticipates that the Fletchers acquisition will drive the Group's second half growth.

Improvements in operating efficiencies resulting from the ongoing capital investment programme, and overhead reductions completed during the second half of last year complemented the stronger first half organic growth. These combined volume and efficiency benefits helped offset labour and general cost inflation pressures, which have moderated compared to recent years, delivering improved operating margins.

The Fetchers business is now being integrated into the broader Finsbury Group and the Board remains confident that the planned scale and efficiency benefits will be delivered as expected.
The Board believes the larger, more diversified speciality bakery group is a strong multi-channel business, well equipped to deliver growth and improved shareholder value over the coming years.


John Duffy, Chief Executive of Finsbury Food Group plc, commented:

"The Fletchers acquisition, while still in early stages of Group integration, has shown very positive signs of growth and progress. In addition, our capital investment programme continues and has laid the foundation for the Group's positioning in a market experiencing industry-wide pressures. These factors, along with the benefits of being a larger, more diversified specialty bakery group underpin our belief that the Group is in a strong position for the year ahead."

Finsbury Food Group featured in our weekly round-up of announcements from AIM, see more at http://www.investorschampion.com/blog/