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Private label contract loss hits Patties Foods profit
date:Feb 27, 2014
on versus last years underlying net profit after tax.

Stable revenue was achieved, whilst continuing to invest in branded growth initiatives, including innovation, said Mark Smith, Patties Chairman. Our disciplined focus on effective cost control meant that margins were only slightly down despite cost pressures, he said.

Patties said productivity optimisation remained a core focus, with particular emphasis on manufacturing efficiencies driven by capital investment and continuous improvement pr

12/24 11:07