Irish bakery group McCambridge saw turnover rise by more than 50% to £15.9 million last year, despite tough trading conditions.
Profits at the Dublin-based firm rose slightly to £1.38m, up from £1.2m the previous year, as a result of rising flour and energy costs.
The company has a number of operations in Britain and has invested almost £3.5m in West of England Bakeries, based in Plymouth. It has also invested £1.3m into Derbyshire-based Aldreds the Bakers and £1.2m in Berkshire-based WR & SV Hussey, which it bought in 2001.
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