One of Fenland’s biggest employers achieves record sales

12:25 14 December 2012

A range of goods produced by Princes

A range of goods produced by Princes

Archant

A COMPANY that employs more than 1,000 people at its food production sites in Wisbech and Long Sutton has achieved record sales.

Princes, the food and drink group, recorded sales of £1.51 billion in the year to March 31 2012, according to the latest accounts filed with Companies House.

The company, which manufactures a number of canned food brands including Crosse & Blackwell, Farrow’s, Smedley’s and Branston at the two sites, grew sales by 28 per cent during the year and generated a profit after tax of £31.1m, representing a 13 per cent increase on the previous year.

Ken Critchley, Princes Managing Director, attributes the company’s success to their strategic plan.

He said: “We have been investing in our brands, our production and supply capabilities, forming new strategic partnerships and opening new customer markets.

“The group has also invested in the infrastructure and people to build on our international growth, which is a core part of our strategy.”

The Princes Group now employs more than 6,000 people and operates 14 major food and drink production sites.

0 comments

More news stories

Yesterday, 10:47

Budgens are reported to be on the brink of pulling out of the Horsefair, Wisbech – less than nine months after opening a store there.

Yesterday, 10:07

A 13-year-old Polish boy who saved for eight months to buy a £600 Suzuki off road bike was badly beaten and robbed in Wisbech just three days after buying it.

Yesterday, 12:56

Those caught fly tipping in Fenland will in future face a £400 fixed penalty notice – double the current fine.

Yesterday, 17:29

The true scale of the risk of surgical mesh to treat women’s incontinence and prolapse remains a mystery amid findings from America that say up to almost 40 per cent of women suffer injuries from the hooked instruments used to implant it.

Most read stories

Show Job Lists

Digital Edition

Image
Read the Wisbech Standard e-edition E-edition

Newsletter Sign Up