Lancashire Farm Dairies has toasted “another exceptional year of performance”, underpinned by strong sales growth, despite a drop in profits.
Sales rose by 7.1% to £84.6m for the Rochdale-based yoghurt maker in the year to 31 January 2025, according to the latest acocunts for owner Pakeeza Dairies, filed with Companies House.
This represented a 64% increase in turnover over the past three years, the supplier said, driven by increased distribution and the introduction of new product lines, as it benefited from a “nationwide appetite for high-quality, free-range dairy products”.
Profitability fell, however, with operating profit down 11.8% to £8.1m. Profit after tax was down by just under 11% to £6.4m.
Lancashire Farm Dairies’ COO Sarfaraz Akram stressed profits remained “strong”, and ahead of historic values, with the falls recorded in the accounts attributed to “additional one-off costs associated with the setup of the new site”.
These had been “planned” to “support our strong growth”, Akram added.
“Our growth in recent years is the result of remaining true to our principles: quality, local sourcing, and a genuine passion for great dairy,” said Lancashire Farm Dairies MD Azhar Zouq.
“The momentum we are experiencing reflects real and sustained consumer demand. We are incredibly proud of the trust that customers continue to place in our products.”
It comes as Lancashire Farm Dairies announced work on a new warehouse in October. Set to complete in January, it will increase storage capacity, efficiency, and allow the business to meet growing demand.
“The new warehouse represents our confidence in the future,” Zouq added. “It ensures we can continue scaling sustainably and responsibly, while keeping our community at the heart of everything we do.
“This is just the next step - there is much more still to come.”
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