14 June 1999
Tomato prices hit Hazlewood Foods

HAZLEWOOD Foods was hit by weak tomato prices in last years cool wet summer, while the second half was affected by a reorganisation to produce new lines in ready meals.

The result of these factors is expected to produce a flat result for the year, when it reports this week.

Underlying sales growth is thought to have between 5% and 6%. The consensus of analysts forecasts suggests investors should expect £40.2 million pre-tax.

  • The Times 14/06/99 page 47
  • Financial Times 14/06/99 page 34
  • The Daily Telegraph 14/06/99 page 29 (This Week)