Co. Fermanagh-Based Food Firm Crust & Crumb Records Increase In Turnover For 12 Month Period That Ended On June 30, 2020
Co. Fermangh-based food firm Crust & Crumb has recorded a 40% increase in turnover for the 12 month period that ended on June 30, 2020.
As reported by The Irish News, a new set of accounts published by Companies House show that Crust & Crumb, which manufactures ambient, chilled and frozen commercial and gluten free dough-based products, took in £38.5 million during the year that ended on June 30 2020, which 40% more than the previous year and more than double its performance from two years before.
Meanwhile, the firm's pre-tax profits reportedly increased by 42.5% to £2.65 million during the year that ended on June 30, 2020, and the number of people employed by the firm reportedly increased from 140 to 286 during the two year period that ended on June 30, 2020.
Additional Crust & Crumb Information
Crust & Crumb operates from two major production facilities in Derrylin along with a third site in Ballyconnell, Co Cavan, which it opened in 2019.
Last year, it agreed a £24 million deal to supply 20 new lines of pizza across more than 1,000 Lidl stores in Ireland and the UK.
Additionally, Crust & Crumb announced a £5.8 million investment in November of 2020 to purchase new equipment and create an additional 88 jobs over the next three years, and Invest NI will reportedly contribute approximately £500,000 in financial support for the move.
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