JJ Food Service has reported a 66% surge in full-year pre-tax profits.
The foodservice specialist, crowned wholesaler of the Year at The Grocer Gold Awards in June this year, said pre-tax profits jumped from £4.5m to £7.5m in the year to 31 March 2014. Turnover slipped 1.5% to £182.7m.
The company said it had increased efficiencies across the business by adopting new technologies that were streamlining its operations.
“We are delighted that our profits are up 66% and while turnover has decreased slightly, it is in line with the general marketplace and reflects our ongoing commitment to pass on savings to our customers,” said JJ Food Service managing director Mustafa Kiamil.
In September, JJ Food Service revealed it was expanding its customer base to gastropubs, restaurants and hotels, having previously focused on cafés, coffee shops, fast food outlets, schools and local authorities.
“We are tripling our sales force over the next six months and training all our staff to cater for a broader customer base,” Kiamil added.
“This puts us in a strong position to grow our business while remaining focused on offering quality products and a first-class service.”
The company said it wanted to grow its profits by 46% to £11m for the current financial year.
JJ Food Service was named Wholesaler of the Year at The Grocer Gold Awards this year, with judges saying the business had demonstrated a commitment to innovation and technology that was “exciting,” “modernising” and “visionary.”