date:Jun 19, 2012
d a co-packing agreement, which will see the group continue production on the lines for up to 12 months.
Total sales in the year to December 2011 for the business to be disposed are reported to be 34M, with EBITDA[earnings before interest, tax, depreciation and amortisation]in the same period ahead 6.2M, implying an 18.2% margin,said Shirley.
He estimated trading EBIT (earnings before interest and tax) or trading profit - was about 5.5M, bringing a margin of 16.2%.
Refinancing package
The s