150-year-old salmon smoker’s operating profit remained the same as previous year as it managed through COVID and Brexit.
Salmon smoker to the royals John Ross Jr posted its accounts for the year to June 20th, 2020.
The 150-year-old company, which is owned by the Estonian company PR Foods, had a turnover of GBP 13.5 million, down from GBP 15.2 million in 2019.
Operating profit was GBP 1.2 million, the same as the period before.
Though it had been hit by Brexit and COVID from a “logistics viewpoint”, the company said it had been adequately “prepared for this major change in our export markets.”
Talking to Press and Journal, chief executive Christopher Leigh said that current trading is what “we would expect and the forecast looks strong”.
“We expect to return to pre-Covid levels within the next six months,” he said.
Leigh added that the company saw a rise in demand for restaurant-quality produce.
“In the last few weeks, we’ve seen the fruits of our labour in relation to our business development work, having secured a fantastic new retail presence in Shanghai. We have also confirmed listings for the autumn with a major retailer in Europe, as well as an exciting new customer in the Caribbean, which makes us really optimistic for the year ahead,” he said.
