Lees Foods has posted a 15% increase in gross profits, driven by higher sales at its Lees of Scotland and Waverley Bakery units.
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The company, which manufactures snowballs and macaroon bars, said gross profit increased to GBP5.8m (US$8.3m). Excluding exceptional items, pre-tax profits rose to GBP843,000, up from GBP379,000.
Sales rose 13% to GBP 18.2m in the year to end December and the company said that it was able to win new customers in Kuwait, France, the US and Australia.
