Inter Link half-year results - Brief Article - Statistical Data Included

Eurofood, Feb 1, 2001

UK-food retailer Inter Link Foods has released its interim results for the six-month period ended 31 October, revealing a 26.6% rise in turnover to [pound]6.73m ([euro]7.14m). The group, which currently runs four businesses, Crossfield Foods, Lisa Bakery, Maid Marian Bakeries and Newton House Bakery, also saw its operating profit rise from [pound]514 000 in 1999 to [pound]797 000, an increase 55.1%.

Inter Link Foods produces a variety ofproducts, including chocolate mini-rolls, fruit pies and other baked goods. Inter Link also has an option to acquire the trading assets of the William Lusty Group, a producer of cakes and other products which it supplies to national outlets including food service and wholesale sectors. Inter Link said that its trading position has been improving, and if this continues then it may well exercise this option. Inter Link Foods employs some 350 people.

Inter Link Foods six-month results ([pound] 000)

                           October 2000   October 1999

Turnover                         6732             5317
Operating profit                  797              514
Pre-tax profit                    752              484
Profit after tax                  527              339
Retained profit                   470              292

Source: Inter Link Foods