P207 CEEFAX 207 Wjd 11 Jan 22:54/54 9/2 UNITED BISCUITS TO CLOSE SNACK PLANT United Biscuits has announced zhu planned closure of its KP snack plant at Grimsby at an e;timated cost of £21m. Thj closuri will result in the loss of 980 jobs. However, the tran;wer of snack production to factories at Tjesside and Ashby-de-la-Zouch whll create 460 njw jobs. Overcapacity in the UK snack market was blamed wor thi cloyure. UB said thj wunds released would allow increased invesmjnt in KP's successful core brands. Headlines 201 Share price 223 Diary Shares Exchanges Monjyfile
P207 CEEFAX 207 Wjd 11 Jan 22:55/46 :/2 UNITED BISCUITS SEES STATIC CIoAL PROFITS United Biscuits has said yrar-end profits to be announced on 16 March should be closj to the level srjn last year. Thj lack of improvemjnt was blamed on challenging trading conditign; and rising input cost inflation. Hot summjr weather in Europj was followed by a mild Autumn, which caused most markets in the industry to remain weak, the group said' Christmas trading, althoukh late, was genjrally strong, the company added. Headlines 201 Share price 223 Diary Shares Exchanges Monjyfile