FDBusiness.com

Aston Manor Delivers Robust Growth as Investment Bears Fruit

 Breaking News
  • Sysco Grows European Business Sysco Corporation is to acquire Kent Frozen Foods, a successful UK-based food service distributor with revenue in the year ended 31st December 2016 of £47 million. The acquisition, which is conditional upon approval from the Competition and Markets Authority, will see Kent Frozen Foods join Sysco’s other UK businesses, including Brakes, Fresh Direct and M&J [...]...
  • Nestlé Nominates Three New Independent Directors to its Board Nestlé has announced that it proposes Pablo Isla, Chief Executive Officer of Inditex; Kasper Rorsted, Chief Executive Officer of adidas; and Kimberly A. Ross, former Chief Financial Officer of Baker Hughes, for election to its Board of Directors. The elections will take place at the company’s Annual General Meeting on April 12, 2018. At that time, three current directors, [...]...
  • Increased Funding For Promoting Europe’s Agricultural Products The European Commission has launched the calls for proposals for programmes to promote European agricultural products throughout the world and within the EU. A total of €169 million is available to co-finance the programmes, up from €142 million in 2017. Programmes can cover a wide range of issues from general campaigns on healthy eating to [...]...
  • The Coca-Cola Company Announces New Global Vision to Help Create a World Without Waste The Coca-Cola Company has announced that it is fundamentally reshaping its approach to packaging, with a global goal to help collect and recycle the equivalent of 100% of its packaging by 2030. This goal is the centerpiece of the Company’s new packaging vision for a World Without Waste, which the Coca-Cola system intends to back with a multi-year investment that [...]...
  • Partnership that Mitigates Cross Contamination Fits Like a Glove Two world leaders in their respective fields have combined their expertise to create Europe’s first bona fide antimicrobial nitrile gloves. Unigloves new Fortified single use gloves incorporate silver ion technology from BioCote®, which has been scientifically proven to destroy 90% of bacteria within just 15 minutes and 99.5% in only two hours – BioCote is also proven effective [...]...

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.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
  • January 28, 2018ProSweets Cologne (Int'l Sweets and Biscuits Fair)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements