date:Dec 19, 2013
UK-based 2 Sisters Food Group has posted an operating profit of 25.5m ($41.6m) for the 13 weeks ended 26 October 2013 (Q1 2013/14), compared to 30.5m for the same period last year.
Total like-for-like (LFL) sales increased by 8.7% to 670m, while operating profit before exceptional items declined by 4m. Sales grew by 43.6% to 885.3m.
During the period, net debt rose by 18.4m to 561m compared to the same period last year. In addition, net cash flow from operating activities, from 2.1m in the fir