Food group makes loss in tough year

The maker of Fox's biscuits and Goodfella's pizza felt the continued squeeze from the horsemeat scandal and cash-strapped shoppers as it slumped to an annual loss.

Poultry and ready meals giant 2 Sister Food Group said profits were also eroded by its purchase of loss-making chicken, beef and lamb operations from Dutch food group VION, as well as currency swings and higher ingredient prices.
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