image

The best stocks to buy since 1993

Latest issue now available

Interlink Foods - 41.3p eps forecast for current year

August 2003

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.

Interlink has announced results for the year to 30 April, the first since the acquisition of Soreen which took it into the branded cake market. Soreen was included for 10 weeks contributing £2.5m sales and £0.2m profit.But it was delays in new business wins coming on stream elsewhere at Interlink and not to be any fundamental slip in trading which resulted in slightly disappointing results. Profit before tax and  goodwill was up 11% to £3.0m (4% ex-Soreen) despite higher insurance premiums of £0.3m. Turnover rose by 12% to £51.4m (6% ex-Soreen). Adjusted earnings were up 5% to 35.5p. Clearly it was the 6% lift in the traditional Interlink business rather than the 10% that had been expected which was disappointing. ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Related Articles

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe