EG Group profits hit by cost-of-living crisis in Q2

The group saw an uptick in revenue however, partly driven by its performance in foodservice, where profit rose by 11%

The Issa brothers-owned EG Group has seen its profits slump in Q2, as earnings fell by 6.5% to $355m (£307m) year-on-year amid “ongoing inflationary and cost of living pressures on customer behaviour”.

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