Tomato prices hit Hazlewood Foods

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)