UK fishing and processing company Ocean Holdings South West -- which trades as Ocean Fish -- plans to keep building on the growth it has enjoyed in its retail sales since splitting its operations between two nearby sites in 2019, managing director Leigh Genge told Undercurrent News.
Growth in sales to UK retail, as well as earnings from its fishing subsidiary W. Stevenson & Sons -- also acquired in 2019 -- saw the firm increase its turnover 11.6% in the 12 months ended Nov. 30 2021, to £40.4 million ($47m).
With costs up year-on-year, gross profit was £11.8m -- up slightly from £11.5m -- but earnings before interest, tax, depreciation and amortization were up 37% at £2.15m [...]
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