Cake maker Finsbury Food Group on Monday revealed it is hunting for more UK-based eggs and butter suppliers in preparation for Brexit. The AIM-listed baker updated on contingency planning as it warned on potential higher bills. The firm said: “The group is likely to face higher logistics costs and administration costs due to increased custom border checks, and will require higher stock levels due to lengthening delivery times for ingredients.” Chief executive John Duffy said a number of butter and egg products are imported from the continent, including Holland. He is now looking at getting more from Britain. Duffy told the Standard: “I don’t ever envisage a scenario where we can’t bake cakes and have them on supermarket shelves. However, in the event of a hard Brexit, we may have to put up the price of some products if they contain certain ingredients that become more expensive once we leave the EU.” His comments came as Finsbury Food Group posted a 65.7% fall in pretax profits to £4.5 million. That was linked to the closure of the firm’s loss making pastry business Grain D’Or. Comparable sales rose 2.4% to £290.2 million, lifted by strong demand for a Mary Berry cakes range, and Batman and Paw Patrol cakes.