IN BRIEF: Roebuck Food widens loss in 2021 but ups revenue

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Roebuck Food Group PLC - Newry, Northern Ireland-based protein and product sourcing company - Widens loss on continuing activities before tax to £2.7 million in 2021 from a £789,000 loss in 2020. Revenue rises 30% to £24.5 million from £18.8 million year-on-year. Within its two divisions, its Sourcing revenue increased 31% in the year while its Diary division grew 20%. Roebuck says it believes it is ‘appropriate’ to impair £1.5 million in development expenditure in the current year for the initial development phase of its A2 dairy protein business unit.

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