Roebuck Food Group plc (AIM: RFG) is pleased to announce its interim results for the six months ended 30 June 2023.
- Group revenue increased by 19%, from £12.5m to £14.9m.
- Net debt decreased by 32% from £3.4m in December 2022 to £2.3m.
- Net debt (excluding IFRS 16 debt) decreased by 46% from £2.4m to £1.3m.
- Both business units (Sourcing and Dairy) are profitable, albeit down on the prior year.
- Loss before tax of £0.4m, compared to a profit of £0.2m in the previous year.