2 Sisters remains “confident” despite profits dip
Food manufacturer Boparan Holdings - parent company of 2 Sisters Food Group – is continuing to feel the chill from the tough grocery sector.
Q2 sales saw a 0.6% reduction on the same period last year to £792m. However, pre-tax profits showed a turnaround from a £7.6m loss last Q2 to a £20.3m surplus for the latest three months.
The company said it was encouraged by the performance and said its restructuring of the business was beginning to signs of success.
Ranjit Singh, 2 Sisters Food Group CEO, said: “In this quarter we ar... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
