Puffin Produce is “back on track” thanks to easing potato supply chain pressure, its latest financial results show.
The Welsh packer and marketer of potatoes, other vegetables and flowers saw an increase in turnover by 17% to £44.1m in the year to June 2025, and recorded a pre-tax profit of £1.6m – up from a loss of £871k, according to accounts posted at Companies House.
The Pembrokeshire-based supplier’s operating profit also rose, from £482k to £2.6m. Meanwhile, its total comprehensive income for the year increased from a £795k loss to £924k.
“The directors consider the company to be well placed and are confident that the company will continue to win new contracts, as it has done this year and generate sustainable profits in the future,” said Puffin Produce director Jon Langmead.
Last year saw the Withybush-headquartered firm invest £1.5m into expanding its potato cold storage capacity and £3m into potato packing automation.
The company also saw progress in its commitment to reduce its environmental impact. In 2021, it pledged to reduce its Scope 1, 2, and 3 emissions by at least 90% by 2040 and decrease its operational emissions by 46% by 2030.
To increase energy efficiency, Puffin Produce installed 2MW of solar panels, completed the transition of its business fleet to either electric or hybrid-fuelled vehicles, and comissioned the purchase of three electric forklifts trucks.
Read more: How Welsh food and drink companies are overcoming barriers to growth
But despite last year’s strong performance, Langmead stressed the commercial landscape would remain “competitive” in the current 2025/26 financial year. The company plans to mitigate this risk through ongoing reviews of its supply chain.
The impact of weather on supply and demand was also identified as a risk. The director said the company’s “well-established team” had the experience needed to deal any uncertainties.
He stressed the company worked closely with its growers to ensure supply chain stability and offset its exposure to commodity price risk.
Langmead added: “The continued development and growth of the business, with both existing and new customers, remains the absolute focus, whilst continuing to invest in our people, our state-of-the-art facilities, and our dedicated grower base.”
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