MORNING Foods, the historic Cheshire-based owner of the Mornflake brand, enjoyed a sales surge last year but higher costs dented profits.

According to recently-filed annual accounts turnover at the Crewe business jumped 29% to £79.4m in the year to July 31, 2008.

But a 35% increase in the cost of sales at the group left it with a marginal 2.7% rise in pre-tax profits to £2.5m

Morning Foods is an oat miller whose products are marketed under the Mornflake brand and include Superfast Oats, Jumbo ......for the full story register now for free or login below...