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Inter Link Foods - Exclusive Disney licenced small cakes

February 2004

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.

Despite a backcloth of firmer raw material prices, InterLink has reported record sales, profit and earnings per share for the six months to 31 October. Together with the results, Interlink also announced another eps enhancing acquisition and an exclusive character licencing agreement with Disney, helping the shares move to an all time high this month.Turnover was up 35% to £33.2m for the period including £6.2m from Soreen acquired a year ago and implying organic growth of 10%. Pretax profit after capitalised development spend of £409,000 was up 42% to £2.28m. Adjusted eps rose 11% to 19.1p.  InterLink also announced the acquisition of Farmhouse Bakery, trading as "Hoppers", its seventh ...

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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.

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