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Inter Link Foods - Numis sets 460p share price target

September 2002

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • ITF
The AGM statement confirmed strong progress with organic sales growth of 14% during Q1, helped by further new product innovation.  The company also continues to gain critical mass in the UK cake market and has progressed quickly from product supplier to category supplier status with many leading retailers. This underpins one of Interlink's key attractions, helping to provide strong cross-selling opportunities as it broadens both its product and retail customer bases. Numis forecast £3.8m pretax and 38.1p this year with £4.4m and 43.9p next. The broker has set a 460p share price target. Still a buy. ...

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