Northern Foods Plc's (NFDS.L) half-year profit stood at £12.9 million versus a loss of £17.1 million last year, reflecting much lower restructuring costs and a one-off tax charge in the prior period. Six-month pre-tax profit was £7.2 million in comparison with a loss of £8.1 million in the 2008 period.
Earnings per share for the six-month period were 2.76 pence compared with a loss of 3.54 pence, while underlying earnings per share improved to 2.12 pence from 2.03 pence in the prior year period.
Revenue from continuing operations slightly decreased to £466.9 million from £468.6 million in the comparable period.
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