Profits have risen at one of the country’s leading potato processors, Albert Bartlett. According to accounts filed at Companies House pre-tax profits for the year ending 31 May 2014 were £11.450 million. Profits at Bartlett International Holdings rose 31% against a slight drop in turnover to £174.485million, from £175.312 million the year before.
The majority of sales were in the UK, although sales outside Europe increased nearly eight-fold to £3.4 million. Sales to the rest of Europe were £50,944.
The director’s report said, “While the retail element of the UK business was extremely challenging during the year, the group benefited from growth in trading with potato processors in the UK.
“While raw material prices have fallen since this high, the UK retail market continues to be extremely competitive and these pressures are felt throughout the supply chain.
The group is continuing to expand its Scotty Brand range beyond produce into lines such as salmon, haddock, biscuits, bacon and soups.