Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Profits shooting up 34% at leading potato firm

Rooster potatoes are processed at Albert Bartlett, Airdrie.
Rooster potatoes are processed at Albert Bartlett, Airdrie.

One of Scotland’s most well-known potato companies has thanked increased sales in its frozen division and the launch of a new fresh potato product line for a boost in turnover and profits last year.

Accounts for Albert Bartlett Holdings Limited, which runs the popular Albert Bartlett potato brand, reveal a 14% increase in turnover to £175.664 million for the year ended May 31 2019.

Pre-tax profits were also up 36% to £8.324m, from £6.123m previously.

The accounts show an increase in UK sales to £164.655m, from £142.969m before. Sales to Europe also increased by 19% to £2.246m, however sales to the rest of the world were down 9% to £8.761m.

In his report accompanying the accounts, the company’s sole director Ronnie Bartlett said the trading performance had been satisfactory and the boost in turnover reflected growth in the group’s core fresh and frozen businesses and sales generated by the launch of the new chilled potato business.

“Our strength in branded Albert Bartlett products in both the fresh and frozen aisle is complemented by our premium exclusive varieties, all of which continue to be extremely well received by the customer,” said Mr Bartlett.

He said the new £18m chilled potato processing line at the company’s Airdrie site, which was part funded by a grant from the Scottish Government, marked the firm’s launch into the growing market for “convenient, great-tasting, high-quality chilled products”.

Mr Bartlett said the Scotty Brand, which includes soft fruit, salmon and bacon, continued to innovate and bring new products to the market.

On the year ahead, Mr Bartlett said the company had planned to continue investing in the chilled potato product division.

“We are also expanding our horizons into new areas and developing a number of new brands and concepts,” added Mr Bartlett.

“We acquired the Spud U Like brand and trading licence in August 2019 and look forward to developing out this business opportunity over the coming months.”

The accounts also reveal that Mr Bartlett was paid more than £2.3m last year.

He received a salary of £1,051,773 and a dividend of £1.3m. This compares to a salary of £1,045,901 and a dividend of £500,000 the year before.

Already a subscriber? Sign in

[[title]]

[[text]]