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By Henry Sandercock2021-01-18T12:30:00+00:00
Source: Florette
In 2018, the company faced high demand and supply problems caused by that year’s summer-long heatwave – driving up costs
Florette owner Agrial Fresh Produce saw its sales drop but improved profitability in 2019, its latest accounts filed at Companies House show.
Covering the year to 31 December 2019, the results revealed turnover fell back 3.1% year on year to £123.1m as trading activity returned to “normal levels”, Agrial’s UK operation said.
While it posted a pre-tax loss of £1.3m, this marked an overall improvement on 2018 when it posted losses of £3.2m.
Agrial put its better performance down to “much-improved cost control”, with the price and quality of its produce proving “much more consistent” in 2019 than the previous year due to milder weather conditions.