AIM-listed food company, Finsbury Food Group has announced it is to source more British eggs following Brexit.
The company recently announced a 65.7% fall in pre-tax profits down to £4.5m after the company closed its loss-making pastry business Grain D’Or. Mary Berry, Batman and Paw Patrol cake ranges helped the company to report a comparable sales increase of 2.4% up to £290.2m.
Finsbury Food Group said in a statement: “A material proportion of bakery commodities such as dairy and egg are sourced in Europe. Any tariffs on trade, therefore, will have a bearing on the UK bakery market, the UK manufacturing industry and the group. Contingency planning is already in place looking at alternative UK sources of products.”