Worldwide Fruit has increased its turnover in the latest year, although currency fluctuations have depressed its profit margin.
The topfruit and avocado supplier reported sales of £119.3 million in the year to 25 June 2016, accounts filed at Companies House reveal. That represented a 7.3 per cent increase on the year before.
Pre-tax profit was £2.8m, down slightly from the £3m posted in 2015.
Director Alastair Hulbert said turnover had been boosted by increased sales to UK supermarkets and overall trading had been strong, although not at the record margin levels achieved in 2015.
'The weakening pound, against both the dollar and euro, accounted for all of the margin decrease on topfruit,' he wrote. 'Avocado margins weakened as raw material prices increased and currency weakened.'
The new warehouse extension, completed in September 2014, and further progress in adopting Lean manufacturing processes, also contributed to the bottom line, he added.
Hulbert also said that the Jazz apple variety is continuing in volume growth and is a variety increasingly recognised by consumers. Further volume growth is expected.
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