North East food company Prima Cheese saw major growth in both revenues and profits despite challenges from Covid, Brexit and rising inflation, new accounts show.
The Seaham company – which provides cheese to pizza companies around the country and abroad – has released accounts for the year to March 31 which show a 34% rise in turnover to £92.9m. Over the same period, operating profit increased 35% to £5.1m.
The company, which saw increases in both UK and export sales, increased its headcount during the year by 15, taking its staff numbers to 159. In the report, the company highlights a range of challenges from global events but said it had grown sales domestically and abroad while maintaining margins thanks to recent investments in its plant and machinery.Source: Business Live