Family-owned business, Mackays, which produces Dundee Marmalade and an award-winning range of preserves, curds and chutneys, has reported a solid performance in 2014 with total turnover just shy of £17m, up nearly 1% on last year’s £16.8m.
The company, which employs 150 staff at its manufacturing base in Arbroath, recorded a Pre Tax profit for the financial year ended December 31st 2014 of £836,554, an increase of 13.7% year-on-year.
Mackays supply 78 countries worldwide, accounting for 29% of turnover. However, despite challenges with currencies in these international markets, the company is confident of a strong performance into 2015.
Martin Grant (pictured), Mackays Managing Director, explained: “The strength of the Mackays and Mrs Bridges brands, coupled with robust supplier and retail relationships and a steady cost base, provides the business with a solid foundation in which to meet the challenges of the current economic environment.”
Grant concluded: “We are very proud to be based in a region famous for its jam-making heritage and also for our contribution to the Angus economy.”