Scampi supplier Whitby Seafoods has reported strong financial results as it pushes ahead with expansion plans.
Pre-tax profits at Whitby climbed 14.7% to £764,000 in the year to 31 December 2010, while turnover rose 23.6%, to £25.8m.
Trading volumes were strong through 2010 with "margin performance satisfactory in a competitive market", the company's directors said. Whitby had committed £1.3m of capital expenditure during 2011 for a new cold store which would support its growth strategy, they added.
Pre-tax profits at Whitby climbed 14.7% to £764,000 in the year to 31 December 2010, while turnover rose 23.6%, to £25.8m.
Trading volumes were strong through 2010 with "margin performance satisfactory in a competitive market", the company's directors said. Whitby had committed £1.3m of capital expenditure during 2011 for a new cold store which would support its growth strategy, they added.
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