Scotbeef sales boosted by 20%

UK - Scotbeef has boosted sales by almost 20% on the back of a surge in European trade.
calendar icon 22 November 2006
clock icon 1 minute read

Turnover at the East Kilbride-based meat company increased by £16.8m to almost £108m in the year ended 26 February, 2006.

Operating profit remained similar to the previous year at £2.3m, but the business benefited from a £2.6m gain on the sale of non-operating assets to take pre-tax profits to £5m, up £2.7 million on 2005.

European trade by the company, which supplies retailers including Marks & Spencer, more than doubled from £4.7m to £11.1m during the year.

Source: fwi.co.uk

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