Roebuck Food Group plc

NSH

IE0006447985

Food Retail & Distribution

Market Closed - London S.E. Other stock markets 11:35:26 2024-06-27 EDT			5-day change	1st Jan Change
13.5 ^GBX	0.00%		-3.57%	0.00%

05-30	Roebuck sells dairy subsidiary for EUR1.5 million	AN
05-29	An undisclosed buyer agreed to acquire Dairy Business of Roebuck Food Group plc for ?1.45 million.	CI

Roebuck sells dairy subsidiary for EUR1.5 million

May 30, 2024 at 12:36 am

Roebuck Food Group PLC - Dublin-based food supplier - Sells its wholly owned subsidiary, dairy producer Cantwellscourt Farm Limited to an "...unrelated partnership engaged in the Irish dairy milking industry" for EUR1.5 million. Roebuck will no longer engage in dairy farming. The company will receive EUR1.3 million after settling its outstanding debts. In 2023 Cantwellscourt generated EUR1.6 million, with loss after tax of EUR500,000, and had net assets of EUR1.4 million. Funds will be used for future acquisitions and general corporate purposes.

Current share price: 12.75 pence

By Aidan Lane, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Roebuck Food Group plc

Roebuck sells dairy subsidiary for EUR1.5 million	05-30	AN
An undisclosed buyer agreed to acquire Dairy Business of Roebuck Food Group plc for ?1.45 million.	05-28	CI
EARNINGS AND TRADING: Adnams names new CEO; Roebuck swings to loss	03-28	AN
Roebuck Food Group plc Reports Earnings Results for the Full Year Ended December 31, 2023	03-28	CI
Roebuck Food Group plc completed the acquisition of Moorhead & McGavin Limited for £2.25 million.	11-30	CI
Roebuck gets shareholder approval to complete acquisition	11-30	AN
Roebuck gets GBP2.5 million to fund Moorhead & McGavin deal	11-03	AN
FTSE 100 Closes Friday Lower, Weighed Down by Falling Oil Prices	11-03	DJ
Roebuck Food buys Moorhead & McGavin; plans GBP2.5 million placing	11-03	AN
Roebuck Food Group to Purchase UK's Moorhead & McGavin	11-03	MT
Roebuck Food Group plc signed an agreement to acquire Moorhead & McGavin Limited for £2.25 million.	11-02	CI
FTSE 100 Closes Up, Capping off a Positive Quarter	23-09-29	DJ
EARNINGS: Personal Group trading "robust"; Parity loss widens	23-09-29	AN
Roebuck Food Group Seeks Acquisitions	23-09-29	CI
Roebuck Food Group plc Reports Earnings Results for the Half Year Ended June 30, 2023	23-09-29	CI
FTSE 100 Closes Down 1% on Fears of Hawkish Fed	23-07-05	DJ
Roebuck CEO stepping down but chair rethinks own exit	23-07-05	AN
Falling UK Inflation Trend Could Weaken Sterling	23-07-05	DJ
UK Wage Growth Likely to Force Further BOE Hikes	23-07-05	DJ
Roebuck Food Names Successor to Outgoing Chief Executive; Chairman Suspends September Exit	23-07-05	MT
Roebuck Food Group plc Announces Board Changes	23-07-05	CI
Roebuck Food Group plc Announces Executive Changes, Effective on 6 July 2023	23-07-05	CI
The FTSE 100 Closes Friday Up 0.4% Supported by Financial-Services Sector	23-04-14	DJ
UK Banks' Modest Valuations Look Attractive Ahead of 1Q	23-04-14	DJ
Roebuck Food shares down as Chair Ted O'Neill to step down	23-04-14	AN

Chart Roebuck Food Group plc

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Company Profile

Roebuck Food Group Public Limited Company is engaged in the product sourcing business. The Company is focused on plant and ingredients business and a dairy business based in Ireland and the United Kingdom. The Company operates through three segments: Agri, Animal Protein, and Plant Protein. The Animal Protein segment is engaged in sourcing and procurement of meat, fish, and dairy. The Agri segment is engaged in dairy business. The Plant Protein and Ingredients segment is engaged in food and food ingredient distribution. The product sourcing business is made up of Townview Foods Limited based in Newry and Townview Sourcing Limited based in Dublin. It is a protein and ingredientâs sourcing business with a sales footprint across Ireland, the United Kingdom, mainland Europe. The Agri business is made up of Cantwellscourt Farm, which is a A2 milking farm based in Kilkenny, Ireland. The Company's subsidiaries include Roebuck Investments Limited, Townview Sourcing Limited, and others.

Sector

Food Retail & Distribution

Calendar

2024-09-25 - Q2 2024 Earnings Release (Projected)

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Sector Other Food Retail & Distribution

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Other Food Retail & Distribution

Roebuck Food Group plc

Equities

NSH

IE0006447985

Food Retail & Distribution

Roebuck sells dairy subsidiary for EUR1.5 million

Latest news about Roebuck Food Group plc

Chart Roebuck Food Group plc

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Other Food Retail & Distribution