Elmgrove Foods aims to maintain momentum after profit growth
Dunbia-owned processor Elmgrove Foods plans to grow its product range following a strong year.
For the year to 31 March 2015, Elmgrove reported turnover of £32.4 million compared to £23.6m for the previous 12 months. Pre-tax profit also increased from £107,572 to £515,401.
Based in Northern Ireland, the business plans to grow on this success by expanding on its range of products for export.
The company specialises in fifth-quarter meat products such as offal and exports worldwide, with a focus on Asia and Africa. Elmgrove said its turnover increase was due to rising volumes and that management’s objectives were now to “continue the growth of the core products”.
In a statement it said: “The position of the company at the end of the financial year was pleasing. Over the next financial year the company aims to continue to grow through increased volumes and further expansion of the product ranges and diversification into further markets.”
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