Bulletin

Sales up at food manufacturer in year prior to fire

Abergavenny Fine Foods has reported a £1.5m increase in annual sales to £18.7m for the year to March 31, following a year of investment worth around £1.4m. In November 2014 it secured a £1.2m capital injection from Santander Corporate & Commercial to allow it to more than double production of its goats' cheese range through the purchase of production equipment and increasing capacity at its Abergavenny site. The company has been forced to recover following a fire at its food processing facility on the Gilchrist Thomas Industrial Estate in Blaenavon in June. Directors at the firm said economic conditions remain challenging for the industry generally within the UK but AFF export sales have continued to grow.

 

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