Egg producer and packer LJ Fairburn & Son, has reported revenue of £119.4 million for the year ended 30 September 2024, up from £109.2 million the previous year. Despite continued challenges in egg supply and input costs, the company achieved a gross profit of £12.7 million and an operating profit of £4.1 million. Final profit for the year stood at £2.35 million, reflecting a robust performance amid market uncertainty.
The business invested significantly in expanding free-range production capacity and rearing facilities, while also pushing forward with sustainability initiatives. Solar energy systems were installed at several sites, and the company introduced trials of electric and CNG-powered trucks as part of a long-term drive to decarbonise its operations. Emissions rose to 4,683.7 tonnes of CO2 equivalent due to increased production, but the company has committed to further reductions by switching to a zero-carbon electricity supplier and expanding on-site renewables.
Fairburn’s continued focus on risk management includes careful cost control, managing credit exposure, and ensuring financial liquidity through diversified borrowing. No dividends were declared for the year, with resources instead being reinvested into the business.