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Manufacturing

Selfridges, Burberry and Lush supplier returns to pre-pandemic levels as half-year revenue nears £50m

The group has also reported a pre-tax profit of almost £2m

James Cropper plc provides products for the likes of Selfridges

Half-year revenue at an advanced materials and paper products group, which has worked with the likes of Selfridges, Burberry and Lush, jumped to almost £50m as it returned to pre-pandemic levels.

Cumbria-headquartered James Cropper has reported a revenue of £49.8m for the six months to September 25, 2021, up from £34m.

It also posted a pre-tax profit of £1.9m, after breaking even during the same period in 2020.

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Chairman Mark Cropper said: "The group has experienced a 47% increase in revenues in the first half, returning to pre-pandemic levels, with both TFP and Colourform performing above this level, and paper demonstrating a strong recovery.

"Plans are in place to establish an additional electrolyser line in the US as the hydrogen market surges and the 50% increase in TFP's non-woven lines is now operational.

"Paper sales are projected to be ahead of pre-pandemic levels by the start of 2022, with a strong demand for recycled fibre content and responsible sourcing.