date:Mar 26, 2014
siness saw a decline of 2% whilst sales in the Overseas business Lightbody Europe (LBE), Finsburys 50% owned subsidiary export business, remained stable year on year. Cost inflation in key ingredients such as butter and chocolate combined with general cost inflation continues to put pressure on margins. The Company has however mitigated this pressure with internal efficiency investment and a cost reduction focus.
John Duffy, chief executive of Finsbury Food Group, comments: I am pleased with th