date:Sep 17, 2012
completed the acquisition of Elephant Atta, the UKs leading ethnic flour brand, for a consideration of 34m and regulatory approval was granted on 6 September.
The cash inflow before financing in the second half will be much better than last year with the benefit of higher profit, lower capital expenditure and a higher working capital inflow. Taking into account the recent acquisition, the level of net debt at the year end is expected to be below 1.2bn compared with 1.3bn last year.
Sugar reven