Though impact of pandemic still took a bite.
The sandwich and sushi maker Greencore is set to expand rapidly, reports Sky News.
Selling around 700 million sandwiches a year, Greencore makes products for retailers such as Marks & Spencer, Asda, Morrisons, Sainsbury’s, the Co-op and Waitrose. It also produces sandwiches and sushi for convenience stores, travel retailers and coffee shops.
It is one of the UK’s leading manufacturers of supermarket sushi, with production sites in Liverpool and Northampton. The Irish company has made a series of sushi acquisitions over the years with US-based Schau & Son bought for USD 17.3 million in 2012. Merseyside-based Sushi San was bought for an undisclosed sum in 2010.
Because of COVID, the company failed to earn a crust, posting results for the year ending 25 September 2020 with a -69.2 per-cent drop in operating profit. Revenue dropped by -12.5 per-cent, compared to the year before.
But Chief executive Patrick Coveney told Sky News added that over the last 12 months it had secured new business worth GBP 175 million a year in sales and was positive of a rebound.
“We’re probably going to bring about 5,000 new people into our production and supply chain network between 1 March and 1 July – would mainly be in sandwich, salad and sushi facilities in Worksop, London, Northampton, Lincolnshire and Liverpool,” he said.