Price hikes protect profit margins for Five Roses, Provita owner AVI

The original article can be found here.

Article highlights:

  • Consumer goods group AVI has reported slightly higher profit margins in its year to end June, even as volumes were under pressure.
  • Fashion and its biscuits division delivered strong performances in a trying economic environment, but fashion grew the most.
  • Analysts said the results were strong, with tight cost controls and the removal of once-off effects, such as the July 2021 riots, also helping the owner of Bakers biscuits.