Ringtons announces revenue boost

Ringtons announces revenue boost

The company, which was launched in Newcastle in 1907, turned over £58.3m in the year to 30 June 2017, up from £54.5m in the previous year.

Pre-tax profits hit £10.7m, a significant boost from £6.4m in 2016.

In a statement,  Ringtons’ directors said: "Investment in facility improvements and additional capacity continues.

"The directors continue to be ready to invest in other trading ventures, particularly in the tea and coffee market, as opportunities arise."

Published: 20 April 2018

Article by Ellen McGann
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