McVitie’s: Record revenue for owner Pladis as profit jumps Retail Revenue at the owner of McVitie’s and Jacob’s Cream Crackers jumped to a new record in 2024 as its profit also surged, Morning Wire can exclusively reveal. London-headquartered Pladis, the snacking group whose brands also include Flipz, Godiva and Ülker, has posted a revenue of £3.23bn for its latest financial year, new accounts have confirmed. [...]
McVitie’s changes tune on UK investment with £68m boost Retail The company behind McVitie’s is set to invest millions in the UK despite the latter’s boss ‘dunking’ on the UK as an investment destination last year. London-based snacking giant Pladis will funnel £68m into its facilities, including £21m for its Jaffa Cake factory and £33m for the home of Jacob’s Cream Crackers. The funds will [...]
McVitie’s biscuits boss dunks on UK as investment destination Politics The boss of the company behind biscuit giants McVitie’s, Jacobs and Carr’s has warned that the UK has become a less attractive place to invest. Speaking at the Confederation of British Industry (CBI)’s annual conference on Monday, Salman Amin, the chief executive of Pladis, the firm behind the iconic brands, warned that Britain has become [...]
Mcvitie’s white chocolate digestives help boost biscuit giant’s profit by £130m October 8, 2024 The introduction of white chocolate digestives helped boost the owner of biscuit giant Mcvitie’s by almost £130m during its latest financial year. Pladis Foods has reported a pre-tax profit of £131.3m for 2023, up from the £2.8m it posted for 2022. Newly-filed accounts with Companies House also show its revenue increased from £2.54bn to £2.75bn [...]
Price rises see sales surge at McVitie’s Digestives, Jaffa Cakes and Jacob’s Mini Cheddars maker June 4, 2024 Price rises helped sales surge at the maker of McVitie's Digestives, Jaffa Cakes, Jacob's Cream Crackers and Mini Cheddars in 2023, it has been revealed.