UK pork pie and pasty maker Samworth Brothers has booked rising full-year profits on the back of increased contracts with customers.
The family-owned company, which owns the Ginsters cornish pasty brand, generated net profit of GBP31.6m (US$50.4m) for the year to 2 January, up from GBP27.5m a year earlier.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Samworth’s operating profit reached GBP47.9m, against GBP40.6m in the previous 12 months, accounts filed at Companies House show. The higher earnings came as turnover rose from GBP597.2m to GBP668.8m.
“The business continued to achieve strong sales growth, gaining additional business with its key customers,” Samworth said.
