The Real Good Food Company, owner of Haydens Bakery, has said that its annual results will be impacted by a “serious dispute” with British Sugar.

The impact of the British Sugar dispute was felt by the group’s Napier Brown and Garrett Ingredients businesses, Europe's biggest non-refining sugar distributor and RGFC’s dairy arm respectively, and masks good progress across the rest of the group where bakery ingredients division Renshaw and Haydens both recorded significant year-on-year earnings growth.

Executive chairman Pieter Totte commented: "It is a pity that our results will be dominated by the dispute with British Sugar, as we continue to make good progress on our strategic plans elsewhere within the Group. We believe strongly that the CMA needs to act, in order to maintain a competitive structure in the UK sugar market, particularly with the impending ending of production quotas in 2017. Meanwhile, we will not be diverted from our long term plans, both in sugar and across the other business, all of which offer exciting growth opportunities."