One of Fenland’s biggest employers achieves record sales
A COMPANY that employs more than 1,000 people at its food production sites in Wisbech and Long Sutton has achieved record sales.
Princes, the food and drink group, recorded sales of �1.51 billion in the year to March 31 2012, according to the latest accounts filed with Companies House.
The company, which manufactures a number of canned food brands including Crosse & Blackwell, Farrow’s, Smedley’s and Branston at the two sites, grew sales by 28 per cent during the year and generated a profit after tax of �31.1m, representing a 13 per cent increase on the previous year.
Ken Critchley, Princes Managing Director, attributes the company’s success to their strategic plan.
He said: “We have been investing in our brands, our production and supply capabilities, forming new strategic partnerships and opening new customer markets.
You may also want to watch:
“The group has also invested in the infrastructure and people to build on our international growth, which is a core part of our strategy.”
The Princes Group now employs more than 6,000 people and operates 14 major food and drink production sites.
- 1 Pub closes as owners decide not to sell
- 2 Work starts on £3.16m apprenticeship training school
- 3 'Panicked' dangerous driver apologises after 90mph police pursuit
- 4 Yard sale raises over £1,400 from second annual event
- 5 Stunning drone footage shows prom night in all its glory
- 6 Pub car park approved despite 13 residents' noise concerns
- 7 Theatre group stalwart steps down after nine years
- 8 Customers report summerhouse builder to fraud investigators
- 9 Health chief’s stark warning: ‘The virus doesn’t care we changed the rules’
- 10 Father murders daughter’s ex-partner in 'frenzied' multiple knife attack