Terranovas first results as independent
TERRANOVA FOODS, the demerged chilled foods part of Hillsdown Holdings, marked its first results as an independent company with a fall in profit.
It blamed the troubled poultry market for the reversal.
Operating profits for the year to 31 December fell to £25.3 million, against £27.3m last time. Pre-tax profits rose to £36.5m from £26.3m.
- The Times 11/03/02/99 page 32 (Business Roundup)
- Financial Times 11/03/99 page 24
- The Daily Telegraph 11/03/99 page 38