By Alec Mattinson2020-12-18T16:21:00+00:00
Innocent’s sales surged past £400m last year, though the group fell to a loss as it funded expansion across Europe and beyond.
The accounts of parent company Fresh Trading Ltd show group-wide turnover, including its UK operations and its newly established Netherlands manufacturing arm, rose 8.6% to £431.8m last year.
It said growth was driven by expansion of its market share in chilled juice in western Europe by 1.5% to 21.3%, while it has taken its first steps into Asia, with a launch in Japan and China soon to follow.
It said 2020 had brought a “significant change in consumer purchase patterns” as on-the-go products declined.