海角视频

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Retail & Consumer

Potato chips giant McCain doubles profit to nearly 拢100m in just three years

The North Yorkshire-headquartered 海角视频 arm of the Canadian giant has reported a pre-tax profit of £98.7m for the 12 months to 30 June, 2024

McCain have new products that cook quicker than ever in an air fryer(Image: Liverpool ECHO)

The 海角视频 division of potato giant McCain Foods has seen its profits soar to nearly £100m in its most recent financial year.

The North Yorkshire-based 海角视频 branch of the Canadian behemoth reported a pre-tax profit of £98.7m for the 12 months ending on 30 June, 2024, as reported by .

This figure, disclosed in new accounts submitted to Companies House, is an increase from the previous year's pre-tax profit of £77.3m. This latest total indicates that McCain has almost doubled its pre-tax profit since June 2021.

The newly released results also reveal that the company's revenue leapt from £712.5m to £799.1m during the same period.

While McCain's 海角视频 revenue increased from £692.4m to £781.1m over the year, sales in the rest of Europe fell from £18.6m to £15.6m.

However, in other parts of the world, revenue rose from £1.5m to £2.2m. A statement approved by the board read: "The business had to manage multiple challenges across the supply chain impacting costs and supply."

(Image: Insight Photographers)

It added: "Farmers faced weather-related challenges throughout the season due to wet weather as well as increased pressure from rising input costs including fuel and fertilisers."

Despite these obstacles, the statement noted that sales growth was positive in both retail and food service sectors, and the business continued to support long-term agricultural sustainability through higher contract pricing in line with indexation and supplementing high energy costs for storage growers.