TRIS Rating affirms the company rating on R&B Food Supply PLC (RBF) at “BBB+” with a “stable” rating outlook. The rating reflects RBF’s proven track record in the food ingredients industry, supported by its technical expertise, research and development capabilities, ongoing growth from innovative products and expansion, and strong financial profile. These strengths are partially offset by the company’s small earnings base, exposure to customer concentration, and risks associated with overseas investments.