Hovis losses deepen as ‘tough’ conditions bite

Hovis strength baked in ad still

Source: Hovis

Profits for the baker fell for the 52-week period ending September 2024, with EBITDA down from £20.9m to £18.7m

Losses deepened at Hovis in 2024, as lower revenues and higher distribution expenses hit the bakery giant amid “continued tough trading conditions”.

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