Pukka Pies, the UK savoury pies supplier, has set out plans to “significantly” invest in production.
The privately-owned business is looking to up capacity at its site in Syston in Leicestershire.
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In a statement, Pukka Pies told just-food: “The investment means we can continue to grow and make, bake and sell even more pies from Pukka in the future as we enhance the capability and capacity of the bakery. We are still in the relatively early stages of planning, including deciding how the investment will be spent, and a definitive start date hasn’t been agreed yet.”
Last week, Pukka Pies filed a set of financial accounts covering the 12 months to 25 May 2019 at Companies House.
Turnover reached GBP52.7m (US$68m), up from GBP49.4m in the corresponding period a year earlier.
Operating profit rose from GBP2.7m to GBP3.5m, Pukka Pies said. Profit for the financial period was GBP2.8m, compared to GBP2.1m a year earlier.
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By GlobalDataIn commentary published alongside the accounts, Pukka Pies stated: “The directors consider that the company’s business has continued to operate satisfactorily and believe that a strong platform is in place to allow for sustained growth within the industry.
“Their focus continues to be to meet the needs of the customer base by delivering a superior-quality product, offering excellent value for money, with best-in industry service levels.”
