19 Oct JJ Food Service grows profit by 65% to £7.5m
Enfield-based JJ Food Service achieved pre-tax profits of £7.5m for the year ended 31 March 2014, compared with £4.5m for the previous year. Turnover was £182.7m compared with £185.5m for the previous year.
Managing director Mustafa Kiamil said: “We are delighted that our profits are up 65% and while turnover has decreased slightly, it is in line with the general market place and reflects our ongoing commitment to pass on savings to our customers.”
JJ has increased efficiencies in all aspects of its business over the past twelve months by adopting new technologies to streamline operations.
JJ’s forecast for the next financial year is to grow profits by 46% to £11m.
Earlier this month the foodservice specialist announced that it was expanding its customer base to gastro pubs, restaurants and hotels having previously focused on cafes, coffee shops, Quick Service Restaurants, 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. This puts us in a strong position to grow our business while remaining focused on offering quality products and a first-class service”, added Mr Kiamil.
JJ’s forecast for the next financial year is to grow profits by 46% to £11m.
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JJ Food Service is a £183m family-owned specialist foodservice company that delivers from eight branches around the UK to cafes and coffee shops, pubs, restaurants, hotels, Quick Service Restaurants, schools and local authorities. 60% of JJ’s sales are via online ordering and 35% of sales come from own-label lines. The operator offers next-day delivery for orders up until 9pm and same-day collection for customers across the UK.
For more information, images or exclusive interviews with the JJ Food Service team please contact: Elit Rowland elitrowland@newerapr.co.uk; 07956 030 804
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