Chief executive Alwin Thompson said the flour price hikes were “substantial” and “unsustainable”.
Speaking at the AIM-listed company’s agm, chairman Jeremy Hamer said sales had jumped 26% in the first four months of the financial year.
Like-for-like sales in the manufacturing businesses were 7.1% ahead, while sales at recently acquired malt bread brand Soreen were up 4.5% in the period.
Inter Link, which is aiming for the number two spot in the cake market, is looking for acquisition opportunities in the £10-£25m region in a bid to double sales to £100m.
The company now supplies every major UK supermarket and a growing number of foodservice customers with own label and branded cakes and pastries. Hamer said a record number of new products had recently been launched across the group into the multiples.