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Judging set to get under way for 2021 LeicestershireLive Business Executive of the Year Awards
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Who will succeed at the 2021 LeicestershireLive Business Executive of the Year Awards?
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By Edward Devlin2021-03-03T16:51:00+00:00
Pukka launched its first foray into plant-based in 2020 with a vegan pie
Pukka Pies is investing a further £4.5m at its Leicestershire bakery after sales and profits heated up in 2020 despite the disruption to the foodservice business caused by the coronavirus pandemic.
The pie brand, which took home the Brand of the Year title the 2020 Grocer Gold Awards, plans to enhance manufacturing capacity and capability at the Syston factory as it gears up for future growth.
Turnover at Pukka climbed more than £350k to £53.1m in the year ended 25 May 2020, newly filed accounts at Companies House revealed.
Pukka Pies set to invest £4.5m in Syston HQ and marketing plans
Investment comes as latest figures show the impact of the pandemic on sales
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Pukka Pies is planning further investment in its Leicestershire factory.
The national business is spending £4.5 million building capacity at the Syston plant and in marketing its selection of pies, pasties and sausage rolls.
Pie maker Pukka has announced a £4.5m investment at its Syston bakery to enhance its manufacturing capability and gear up for future growth.
The investment follows the release of annual figures to May 2020 showing the Leicestershire-based company’s turnover rising to £53.1m and profit up 13.5% at £4.1m.
“Our announcement of continued investment in the Syston bakery will further reinforce Pukka’s position as a key employer in the region, with local people being at the heart of our success and future vision,” said Deborah Ewan, CEO of Pukka.
Foodservice hit
Ewan insists the business remains in good health despite an impact on its foodservice division due to COVID-19, which makes continued investment possible.
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