MEAT and pastry maker Canterbury Foods saw its shares leap 15 per cent after it reported sharply reduced losses and a pick-up in summer sales.
The Hull-based group's stock gained 4p to 29p after it said pre-tax losses in the six months to June 30 narrowed to £933,000 from £3.4m last time.
The company, which supplies customers including Wimpy, Birdseye and JD Wetherspoon, said it had speeded up its factory improvement and rationalisation programmes and was planning further cost-saving measures in the second half.
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