Jack Brand has reported an increase in turnover for the year ending 30 September 2020, despite the extraordinary circumstances of the pandemic. The business, which supplies poultry to the wholesale market, reported sales of £42.7 million, up from £34.3 million the year before.
The operating loss for the period is £351,948, a reduction on the loss in the year ended 31 March 2019 when it was £610,778.
In its strategic report, the directors said that following a poor year in 2019, all staff had worked hard restore the balance. However, the pandemic had led to “six months of hardship”, due to the company being wholly invested in the UK wholesale market that supplies caterers. Despite this challenge, very tight cost control was maintained and the company reduced its losses compared with the year before.
Wholesale poultry supplier Jack Brand minimises losses with tight focus on costs
By Chloe Ryan
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.