Giant crumpets push Warburtons’ profits up to £35m

Giant crumpets, other new products and quality control have helped Bolton-based bakery giant Warburtons nudge profits up from £33m to £34.6m. Although the company’s revenue fell from £551.5m to £526.3m in the year to September 2016, the company, owned by the fifth generation of the family which founded the baking business in 1876, successfully overcame the highly competitive nature of the sector, Chairman Jonathan Warbuton said in his strategic report that key to its “satisfactory results in an increasingly competitive w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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