Updates

Inter Link Foods - Results trigger a bounce

September 2006

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Results from cake maker Inter Link Foods for the year to 30 April were in line with its revised guidance with pretax profit rising 21% to £7.1m, turnover increasing 33% to £130m and earnings before exceptionals increasing 9% to 44.1p. Gross margins fell by 1.9% in the year, including a whopping 3.9% drop to 34.1% in H2 mainly because its larger rival, the RHM owned Manor Bakeries, ran an aggressive price promotion for its market leading product, Mr. Kipling. The best way to tackle such a threat is to reduce the cost base and Inter Link Foods has responded by reorganising its business. After closing two production sites last year, two more will be shut down in this period with the eventual plan to reduce the total fro ...

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Inter Link Foods (June 2006)

Inter Link Foods (December 2005)

Inter Link Foods - Spectacular long-term growth from cake manufacturer (September 2005)

Inter Link Foods - Ninth deal triggers more share gains (March 2005)

Inter Link Foods - New Â£30m sales opportunity (December 2004)

Inter Link Foods - Like-for-like sales ahead 15% (October 2004)

Inter Link Foods - Eps forecats to rise 30% to nearly 50p (August 2004)

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