Prima Cheese is gearing up to grow its exporting division after a year of strong growth and investment.
The Seaham firm saw its turnover jump £6m to £65.5m for the year ending April 1, after demand for its products increased both in the UK and overseas.
Despite this the company’s operating profit fell from £2.8m in 2017 to just £833,000. Profit after tax fell from £2.3m to £625,000.
The company said the profit dip was caused due to increased costs and price fluctuations.
Source – Chroniclelive.co.uk