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.
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“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.
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