UK: William Jackson FY profits climb

By Michelle Russell | 1 February 2013

UK food group William Jackson & Son has booked an increase in full-year profits.

In the 12 months ended 28 April, operating profit amounted to GBP10.8m (US$17m) compared to GBP7.2m a year before. EBITDA before exceptional items reached GBP17.1m from GBP13.3m in the year ago period, the company reported in accounts filed with Companies House.

The Aunt Bessie's owner said sales climbed 6.6% in the period to GBP179.5m, it said, through a mix of organic growth and price increases due to commodity inflation.

These results were for the financial year before William Jackson acquired organic retailer Abel & Cole, which it snapped up in October.

Sectors: Bakery, Financials, Frozen, Natural & organic, Retail