Poultry News
  • Production
    • Broiler Production
    • Ducks
    • Egg Production
    • Game
    • Hatching
    • Housing
    • Turkeys
  • Processing
  • Business & Politics
    • Business
    • Economics
    • EU & Politics
    • Marketing
    • People
    • Training & Education
  • Welfare
    • Environment
    • Food Safety
    • Vet & Medication
    • Welfare
  • Feed
  • Genetics
  • New Products
  • Magazines
    • July 2025
    • 2025 National Egg and Poultry Awards finalists supplement
    • June 2025
    • 2025 Innovation supplement
    • May 2025
    • April 2025
    • March 2025
    • 2025 Feed and Nutrition supplement
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • 2024 Building for the Future supplement
    • August 2024
    • 2024 Poultry Health supplement
    • July 2024
    • 2024 National Egg and Poultry Awards finalists supplement
    • June 2024
    • 2024 Innovation supplement
    • Pig & Poultry Fair 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • Processing Equipment Supplement – Nov 2023
    • October 2023
    • Building Supplement – Sept 2023
    • September 2023
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Events
    • National Egg and Poultry Awards
    • Poultry Fair
    • Webinars
Twitter LinkedIn
  • FREE Email Newsletters
  • About Us
  • Advertise
  • Subscribe
  • Contact Us
Twitter LinkedIn
Podcast
Poultry News
  • Production
    • Broiler Production
    • Ducks
    • Egg Production
    • Game
    • Hatching
    • Housing
    • Turkeys
  • Processing
  • Business & Politics
    • Business
    • Economics
    • EU & Politics
    • Marketing
    • People
    • Training & Education
  • Welfare
    • Environment
    • Food Safety
    • Vet & Medication
    • Welfare
  • Feed
  • Genetics
  • New Products
  • Magazines
    1. July 2025
    2. 2025 National Egg and Poultry Awards finalists supplement
    3. June 2025
    4. 2025 Innovation supplement
    5. May 2025
    6. April 2025
    7. March 2025
    8. 2025 Feed and Nutrition supplement
    9. February 2025
    10. January 2025
    11. December 2024
    12. November 2024
    13. October 2024
    14. September 2024
    15. 2024 Building for the Future supplement
    16. August 2024
    17. 2024 Poultry Health supplement
    18. July 2024
    19. 2024 National Egg and Poultry Awards finalists supplement
    20. June 2024
    21. 2024 Innovation supplement
    22. Pig & Poultry Fair 2024
    23. May 2024
    24. April 2024
    25. March 2024
    26. February 2024
    27. January 2024
    28. December 2023
    29. November 2023
    30. Processing Equipment Supplement – Nov 2023
    31. October 2023
    32. Building Supplement – Sept 2023
    33. September 2023
    Featured

    Poultry Business – July 2025 issue

    By Chloe RyanJuly 1, 2025
    Recent

    Poultry Business – July 2025 issue

    July 1, 2025

    Poultry Business – 2025 National Egg and Poultry Awards finalists supplement

    July 1, 2025

    Poultry Business – June 2025 issue

    June 9, 2025
  • Jobs
    • Browse Jobs
    • Post a Job
    • Manage Jobs
  • Events
    • National Egg and Poultry Awards
    • Poultry Fair
    • Webinars
Twitter LinkedIn
Poultry News
Business

Bernard Matthews parent company posts sales growth

Chloe RyanBy Chloe RyanOctober 16, 20182 Mins Read
Facebook Twitter LinkedIn Email
Share
Facebook Twitter LinkedIn Email

Amber REI Holdings, the company which acquired Bernard Matthews last year, has revealed a leap in sales.

Documents published last week show turnover in the 52 weeks ending 31 December totalled £603 million, up from £394 million the previous year reflecting the acquisitions of Bernard Matthews in 2017 and Grove Turkeys in 2016.

Amber REI Holdings is owned by Ranjit Boparan, chairman and owner of 2 Sisters Food Group.

Despite the growth in turnover, total profits fell from £40.8 million to £30.3 million partly due to a big increase in administrative expenses. Within the administrative expenses, an exceptional related party loan write-off has been made for £24.3 million following the closure of the Food Utopia business. 

After the acquisition of Bernard Matthews was cleared by the Competition and Markets Authority (CMA) in January 2017, various operations of the poultry business were sold.

This included the poultry growing farms, which were sold in February 2017 to Hook 2 Sisters, and the sale of its breeding, hatching and rearing assets to PD Hook at the same time.

The directors said in the full year results there was a positive outlook for the firm underpinned by the continued growth in the poultry industry. “The group’s financial situation remains very strong with significant cash balances and a low level of debt relative to profit,” the directors said.

Earlier this year Bernard Matthews said it had won a significant contract to supply cooked chicken to retail customers. The additional business will create an extra 400 jobs from the firm’s Great Witchingham site, new chief executive Chris Just said.

Share. Facebook Twitter LinkedIn Email
Previous ArticleAutomation stations: why the advance of robotics is about so much more than saving labour
Next Article Red mite treatment wins award at egg producers’ conference
Chloe Ryan

Editor of Poultry Business, Chloe has spent the past decade writing about the food industry from farming, through manufacturing, retail and foodservice. When not working, dog walking and reading biographies are her favourite hobbies.

Read Similar Stories

Business & Politics

Pershore’s finest

July 4, 20259 Mins Read
Business & Politics

Comment: Morrisons painful decision to stock imported chicken

July 4, 20252 Mins Read
Business & Politics

Poultry farmers frustrated as avian flu insurance tied to scheme membership

July 3, 20253 Mins Read
Latest News

Pershore’s finest

July 4, 2025

Tackling red mite

July 4, 2025

Comment: Morrisons painful decision to stock imported chicken

July 4, 2025
Sponsored Content

Navigating Sustainability in Egg Production: Practical Steps for Producers

June 1, 2025

Maintain stable and continuous coccidiosis control amidst stocking density reductions

November 1, 2024
© 2024 MA Agriculture Ltd, a Mark Allen Group company

Privacy Policy | Cookies Policy | Terms & Conditions

  • Farmers Weekly
  • AA Farmer
  • Farm Contractor
  • Pig World

Type above and press Enter to search. Press Esc to cancel.