News

Angus Soft Fruits Ripe Turnover Despite Uncertain Future

One of Scotland’s leading soft fruit companies enjoyed a boost in sales last year.

The latest accounts for Angus Soft Fruits, which is based near to Arbroath, posted a turnover of £190.815 million for the year to April 30, 2020.  This is up from £179.48 million the year before.

The bulk of the sales were in the UK, accounting for just under £173 million of turnover, while overseas sales more tan doubled to £17.9 million from £6.9 million previously.

The accounts, filed with Companies House, also reveal a 13% decrease in pre-tax profits to £1.158 million, from £1.328 million previously.

The organisation was formed in 1994 by the Porter and Gray families.

Its members are primarily located in Angus, Fife and Perthshire, and it also sources fruit from growers in the Netherlands, Spain, Morocco, Egypt, the US  and South America.

Finance director Neil Redford said the company had performed well in the year, however the Covid-19 crisis restrictions were creating restrictions for it and its customers.

“The company believes that it has sufficient reserves and resources, together with any possible utilisation of government support schemes, to be able to prepare the accounts on a going concern basis,” added Mr Redford.

Share this post

Leave a Reply

Your email address will not be published.