The finances of family-run Sykes Seafood, which was founded in 1862, are in a healthy place ahead of "another year of change".
The company has reported a turnover of £136.5m for the 15 months to March 28, 2020, while its pre-tax profits totalled £4.5m.
Those figures compare to a turnover of £104.4m and profits of £3.4m in the 12 months to December 29, 2018.
The business, which has bases in Knutsford and Liverpool, secured a £9m Covid-19 loan from the Government in August 2020 and also accessed the furlough scheme.
The figures come after the company completed the €300m acquisition of Dutch Seafood Company's shrimp business Klaas Puul in March 2021.
A statement signed off by the board said: "This has been another successful period for the gorup, which represented a continuation of a five-year strategic plan aimed at growing turnover, EBITDA and implementing steps to reduce the group's on-going operational cost base.
"The increase in the results is due to reducing the sales of less profitable lines and the impact of an improved GBP/USD rate, which is one of the company's principal risks."
On the Covid-19 pandemic, the company added: "The group's mix of customers has provided some security post period-end, with a greater focus on retail customers who continue to trade strongly albeit at a lower margin.
"The reduction in non-retail sales in Q2 2020 was challenging, but following the re-opening of the hospitality sector, sales have steadily increased.
"Customers were very closely managed during the most challenging times and the business successfully collected outstanding debts with no significant write-offs or increased provision required.
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"In the initial months of lockdown, the group utilised the Government's furlough scheme for some non-retail staff.
"However, due to high demand of manufactured products by retail customers, the business had only 20% of staff furloughed at the peak of lockdown and all within the commercial and administration functions.
"The group sought additional headroom to offset a slowdown in sales of food-service stock and secured a £9m CLBIL in August 2020 with a bullet repayment in 18 months."
On the coming 12 months, the business said: "The directors consider that the forthcoming financial year will be another year of change, particularly in relation to the currently unknown implications of Brexit.
"However, overall the directors believe that the group is well placed in terms of strategic and market position to maximise its ability to generate sales and satisfy customer demand."
