Finsbury Food Group has posted a 76% rise in profit before tax to £11.4M after a “transformational” year for the cake, bread and bakery goods manufacturer.
Cake manufacturer Finsbury Foods has reported strong growth in its latest trading update despite weak consumer confidence in the sector, according to city analysts.
The trade responded quickly to the downturn, but must now “respond to the upturn” if it wants to inject some excitement back into the cake fixture, Finsbury Food Group has warned.
