Geest lifts profits 15% in 1998

GEEST, the chilled foods group, lifted profits 15% to £28.1 million in 1998 as it continued to benefit the disposal of its banana business three years ago.

The group, which has undergone wide-ranging restructuring, said its prepared salads, soups, sauces and pasta market was set for strong growth in 1999.

Turnover from continuing businesses was up 14% at £474.4m.

• The Times 19/03/02/99 page 28
• Financial Times 19/03/99 page 21
• The Daily Telegraph 19/03/99 page 35