Value-added producer in foodservice growth

摘要

Macphie has claimed to be "back on track" after weak dairy sector pricing and foodservice growth enabled the company to return to 2103 profit levels. Underlying profit for the value-added food ingredients manufacturer rose to £2.8M for the year to March 2015, up from £1.4M in 2014. Profit for 2013 was £2.1M. Sales, meanwhile, grew to £44.6M. In 2014 they were £44.3M. The company said it was benefiting from increased consumer spending, offsetting the increase in raw material costs over the previous year.