New Northern Foods FD spends 100k on shares
New FD Booker invests in Northern Foods
The new finance chief of
Foods has bought £100,000 of shares in the business.
Andrew Booker purchased 200,000 chares at 53.69p, a month into his tenure as
group FD after replacing Jez Maiden.
The Goodfella’s Pizza and MacDougall’s pastry owner recently announced a 6.8%
rise in interim revenues to £468.6m to 27 September.
However profit before tax fell to £16.9 million compared to £20.1m a year
earlier, impacted by currency and pension credit changes; and investment in its
Northern Foods chief executive Stefan Barden said recent changes at the company
had made it ‘much stronger’.
‘Over the past two years we have created a better balanced and more resilient
business, which is making good progress despite these tough market conditions,’