Finsbury Food (#FIF) – recommended 110p per share offer from DBAY
- 2023-09-20 06:58:59
UK 05:08 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Previously writing on UK manufacturer of cake, bread and morning goods for both retail and foodservice Finsbury Food Group (FIF), in July I concluded that the shares were on the watchlist. So what now following an AGM trading statement?
Previously writing on UK manufacturer of cake, bread and morning goods for both retail and foodservice Finsbury Food Group (FIF), in February with the shares falling to 86p I questioned whether it was successfully mitigating the impact of pressures. The shares last closed at 68p but are currently rising above 70p on the back of a trading update, so what’s the latest?
On 13th January a trading statement from ‘cake, bread and morning goods’ manufacturer Finsbury Food Group (FIF) emphasised “a robust H1 performance”, with sales growth to £166.5 million and that, though it “has faced persistent pressure from input cost inflation, staff shortages and other supply chain disruptions… it has been able to successfully mitigate the impact of these pressures to date”. The shares closed then at 98p and last closed at 88.5p... and are currently further lower on the back of the half-year results. What’s the story?...
A “Pre-Close Trading Update” from ‘bakery goods’ manufacturer Finsbury Food (FIF) notes like-for-like sales revenue slightly higher, its “strategic diversification” and that it “is well placed to continue to drive efficiency, deliver innovation and maintain its leading position in the market”. So why a current more than 10% share price fall on the back of the update, towards 80p?...
