Abstracts » Business

Self-raising investment

Article Abstract:

Inter Link Foods has two plants in north west England, producing pastries and cakes, and is benefiting from trends toward snacking and private label foods. Major supermarkets such as Tesco are among the company's clients. The company is acquring William Lusty, a baker, and aims to reduce its product range and manage it more efficiently. Inter Link could achieve a profit of 1 million pounds sterling for 2000, according to Wise Speke, and 1.2 million pounds in 2001.

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Inter Link Foods is on a roll

Article Abstract:

Inter Link Foods produced pastries and cakes for United Kingdom supermarkets and was set up in 1994 following the acquisition of Crossfield Foods by management from Yorkshire Food Group. The product line has been rationalised and the company has moved into profit. Lisa Bakeries was then acquired and a stock floation carried out. The company's profit is forecast at 550,000 pounds sterling for 1998 to 1999 rising to 1 million pounds for 1999 to 2000 by Wise Speke.

Bread, cake, and related products, Bread, Cake & Related Products, Commercial Bakeries

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Greggs

Article Abstract:

UK bakery and sandwich shop firm Greggs has seen strong growth over recent years, but the outlook looks less promising and its shares are overpriced. Investors may be best off taking profit now and selling Greggs shares.

Food preparations, not elsewhere classified, All Other Miscellaneous Food Manufacturing, Prepared Sandwiches, Securities, Sandwiches, Baked products industry, Baked goods industry, Take-out food service, Greggs PLC, Take-out (Food services)

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