Bakkavor, the UK-based own-label supplier, is adding jobs at a desserts facility in its domestic market.
The company is recruting 160 full-time, permanent staff as its factory in Newark, which manufactures products including éclairs, doughnuts and tarts for UK grocery retailers. At present, the site has over 1,400 staff.
Bakkavor said the move was due to “increasing demand”.
Caron Brooks, head of HR for desserts at Bakkavor, added: “Now is a really exciting time for Bakkavor Desserts Newark as we continue to grow from strength-to-strength and this is demonstrated by the sheer scale of our recruitment drive.”
Bakkavor is set to report its third-quarter financial results tomorrow (24 November). In the first half of 2015, Bakkavor booked higher half-year sales and profits but the UK own-label supplier did see revenue growth slow in the second quarter.
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The company’s like-for-like revenue was GBP441.5m (US$667.5m) in the quarter, up from GBP439.5m a year earlier.
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By GlobalDataHowever, that represented a slowdown from the first quarter. First-half like-for-like revenue increased 2% to GBP867.4m.
Adjusted EBITDA grew 14% in both the quarter and the half year. First-half adjusted EBITDA hit GBP65.4m.
First-half net profit reached GBP3.7m, against GBP3.1m in the first six months of 2014.
CEO Agust Gudmundsson said at the time: “It has been another quarter of good progress but we expect the trading environment to continue to be challenging due to a combination of price deflation and a highly competitive grocery market.”