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Aston Manor Delivers Robust Growth as Investment Bears Fruit

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Aston Manor Delivers Robust Growth as Investment Bears Fruit

Aston Manor Delivers Robust Growth as Investment Bears Fruit
August 04
09:10 2017

Aston Manor, the UK’s largest independent cider maker, has reported a year of further strong progress in the implementation of the group’s five year ‘Consolidate and Broaden’ strategy. For the year ended 31 December 2016, Aston Manor increased group turnover by 4% to £113 million as it grew both volume and gross profit by 3% over 2015. EBITDA for 2016 amounted to £8.2 million.

During 2016 Aston Manor received 17 industry awards for its ciders, innovative packaging formats and environmentally friendly manufacturing techniques. It also continued to successfully develop its on-trade and export channels, while winning significant new contract in private label.

Gordon Johncox, chief executive of Aston Manor, comments: “Our strategic plan is developing ahead of expectations and we are delighted with the progress we are making. We are pleased with the financial performance of the group in 2016. Aston Manor made good progress on our core strategic initiatives, delivering positive volume and revenue growth, while we continued to invest in all areas of the business, laying strong foundations for our future success.”

He elaborates: “We enjoyed continued progress in our on trade business through our partnership with Marston’s, while our premium brands have seen strong growth during the year, reinforcing our leading positions across all segments of the market. We continue to develop and invest behind our own brands across all segments of the market. We are particularly excited for the prospects for our Kingstone Press brand – official sponsor to the Great Britain Rugby Football League team – as they head into the 2017 World Cup.”

To support its customer partnerships and consistent with its pursuit of manufacturing excellence, Aston Manor has undertaken a significant multi-year investment in its three principal manufacturing facilities at Aston, Stourport-on-Severn and Tiverton, which now enjoy the highest possible food safety ratings from the British Retail Consortium.

In 2016, the cider producer also completed its new research and development facility, which has materially enhanced its ability to design and produce innovative new products to customers’ exacting specifications.

“This recent period of intensive investment has positioned the business to continue to deliver strong growth in revenue and profit over the coming years,” says Gordon Johncox.

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