Biscuit line boost for Lees

 - Published:  25 May, 2007
Page 12 

Confectionery manufacturer Lees Foods, owner of Lees of Scotland and The Waverley Bakery, has announced favourable year-end results, despite cost increases.

To 31 December 2006, sales increased by 7% to £14,480,270 on the same period in 2005, and pre-tax profits were up 6% to £631,309.

Raymond Miquel, MD, said that the company had recently invested £200,000 on a new biscuit line at the Lees of Scotland factory at Coatbridge, "resulting in a saving of approximately £80,000 on an annualised basis".

Miquel added that the company is looking into the possibility of an acquisition. Lees makes confectionery for retailers including Tesco and Aldi.



Comments

Bookmark with:What are these?
Bakery Events: Awards, Conferences & Exhibitions
Find Suppliers, Manufacturers and Ingredients
The online bakery directory powered by:
Get FREE News E-Alerts

Have Your Say

What do you think will be the biggest snack products in the bakery category this year?

  • Filled sandwiches / rolls
  • Filled wraps / bagels
  • Hot Savouries
Events Calendar

© William Reed Business Media Ltd 2008. All rights reserved. Registered Office: Broadfield Park, Crawley, RH11 9RT.
Tel: +44 (0) 1293 613400 Registered in England No. 2883992 VAT No. 644 3073 52.

Privacy Policy | Terms & Conditions


The Website of British Baker Magazine

Bakery Info: The web site for the UK Baking Industry