Still Grim Up at Northern Foods

Daily MailNovember 15, 2006

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Summary


PAT O'Driscoll, boss of Goodfella's Pizzas and Fox's Biscuits maker Northern Foods (up 51/4p at 911/4p), still has a long slog ahead to return the group to health.

Half-year figures showed signs of recovery at the chilled food arm, which makes ready meals, sandwiches and salads for supermarkets including Marks Spencer. Profits rose to Pounds 30.5m from Pounds 14.4m, flattered by proceeds from the sale of its distribution business NFT.

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Still Grim Up at Northern Foods

But underlying ea...

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