Libstar reports profit dip amid Covid-19

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Libstar reports profit dip amid Covid-19
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The pandemic had a mixed effect on the group, boosting some sales, though it faced Covid-19-related costs

the owner of Denny mushrooms and Lancewood cheese, reported a slight decrease in half-year profits after Covid-19 boosted demand for some of its food products, while hitting the restaurant industry and resulting in additional costs.

Normalised headline earnings per share from continuing operations, which excludes non-trading items, and the group says better reflects its underlying performance, fell 17.7% to 24.2c.

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