Sugar products group Real Good Food PLC(LON:RGD) is on track to report underlying profits in line with market forecasts.
Last year Real Good Food generated sales of £104mln and underlying profits of £5.3mln from the ongoing businesses and something similar is expected by the market this time around.
Statutory profits for the year to March will be approximately £13.9m, which includes a one-off gain of £9.4mln following the sale of Napier Brown for £44mln.
That disposal has also seen net debt fall to £5mln from £30mln a year ago.
Real Good Food has three divisions now: Food ingredients; cake decorating; and bakery through the Haydens business.