William Jackson & Son saw sales revenue rise 6.6%, over the full year to 28 April 2012, in what the group said had been a year of good progress.
Operating profit increased to £10.8m, from £7.2m in 2011, while Ebitda, before exceptional items, stood at £17.1m compared, to £13.3m in the comparable period in 2011.
The group, which includes Jackson’s Bakery and William Jackson Bakery (Export) Limited, said the sales increase had been achieved through a mix of organic growth and price increases due to commodity inflation.
The firm invested £10.9m during the financial year, with a significant amount of that spend going towards capacity expansion project at Jackson’s Bakery.
It said capital spending had been carefully controlled but that the board continued to believe that the growth opportunities for the company continue to outweigh the risks and uncertainties faced.