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Loss-making Loch Fyne says high raw material costs squeezing 2022 margins

The group's revenue for 2022 has continued to pick up with the reopening of hospitality in the UK; however, the high raw material cost has continued to hit its margins

By Undercurrent News | Nov. 1, 2022 10:00 GMT
Pics by Samantha Cook Photography. Simon Briggs, sales director, Loch Fyne Oysters; Pete Brown, store manager, Waitrose Christchurch; Cate Lee, supermarket counter staff, Waitrose Christchurch
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The UK salmon and shellfish supplier Loch Fyne, which reported an overall operating loss of £1.1 million in the financial year ended Oct. 31 2021, said COVID-19 continued to present challenges to the group last year. [...]

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