A Liverpool firm specialising in cake decorating ha vowed to "hunker down, control costs and protect revenue" after suffering a "difficult" final six months of its latest financial year.
Real Good Food, which is based in Wavertree, added it is focused on "reducing complexity and waste, other cost saving projects and selective new product launches to make the business as competitive as possible" because of the "challenging environment" of costs and demand pressures.
The AIM-listed business had previously said it had performed strongly during the first half of its year to March 31, 2022, with its revenue and EBITDA "well ahead" of the prior period and back to pre-Covid levels.
