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Real Good Food reports flat third-quarter earnings as business recovers

StockMarketWire.com

Cake decoration and food ingredients group Real Good Food said its operating earnings were flat in the third quarter, improving on a first-half decline.

Revenue and adjusted earnings before interest, tax, depreciation and amortisation for the three months through December were in-line with last year's £19.4 million and £1.7 million, respectively.

'The group's two businesses are getting stronger and more resilient after a tough first half,' Real Good Foods said.

'The near-term outlook continues to hold challenges due to covid-19 but improved third-quarter trading demonstrated encouraging progress and provides confidence for the future.'

At 8:59am: (LON:RGD) Real Good Food Company The PLC share price was 0p at 4.75p


Story provided by StockMarketWire.com