Chief executive, Stefan Barden, said: “Northern Foods has delivered a resilient performance this year, in challenging economic conditions. We have successfully adapted the business to the current retail environment, while continuing to invest to enhance the trading position of the group. We have much more to do, but year by year we’re making Northern Foods a stronger and more sustainable business.
“We anticipate that next year will be equally challenging, with the continuation of food inflation and competitive pressures. Our operational and financial strengths position us well to benefit when markets recover.”
Source: Northern Foods plc
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