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Lanchester Group returns record results despite “perfect storm” of outside challenges

A County Durham drinks and gifts group has seen record results despite a “perfect storm” of challenges outside of its control.

The Lanchester Group, which is based at Annfield Plain, says revenues have grown for a 10th consecutive year, but that earnings have dropped as a result of ongoing challenges across all sectors. The group – which encompasses companies Lanchester Wines, Greencroft Bottling, The Wine Fusion, Spicers of Hythe, Bon Bon’s Wholesale, Lanchester Properties, Spirit & Co and Full Circle Brew Co – saw turnover for the year ended June 2023 rise to £143m from £127m last financial year.

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