Higher turnover and profits at major potato supplier

Turnover and pre-tax profits grew at a major supplier of potatoes to retail giant Marks & Spencer during its latest financial year.

Lincolnshire-based Manor Fresh has reported a turnover of £55.9m for the 12 months to 25 April 2020, up from £54.3m. Its pre-tax profits also went from £1.1m to £1.5m over the same period.

A statement from the board said: "The company continues to engage positively with existing customers to develop commercial sales through retail and wholesale sales channels across a broad fresh produce range.

The positive impact of an increasing number of UK consumers favouring plant-based diets continues to underpin overall company performance.

New business development opportunities continued to be progressed."

Source: insidermedia.com