Our Business Model

A RESPONSIBLE AND SUSTAINABLE APPROACH

We have a long track record of increasing sales and profits through a combination of investing in modern, efficient factories, developing a range of quality products and making value added acquisitions.
Supply chain security and integrity is a crucial component of our business model. Robust technical audits and traceability systems ensure that our products are responsibly and sustainably sourced from suppliers whose values are aligned to our own.
We own pig breeding and rearing operations which supply approximately 16 per cent of our British pig requirements. In addition, we now also own a fully integrated chicken supply chain including a feed milling operation which also supplies some of our pig breeding units.
Our broiler farms now supply a proportion of the British chicken requirements of our premium cooked poultry business, further enhancing our supply chain transparency, security and efficiency.

INPUTS

INVESTING IN MODERN FACTORIES
Ensuring that we have sufficient capacity headroom to meet our growth aspirations, that our facilities operate as efficiently as possible and provide a safe and secure working environment for our workforce.

DEVELOPING QUALITY PRODUCTS
Our operations are focused on the manufacture and supply of premium food products. We operate primarily in the UK, with a small but increasing proportion of sales being exported

VALUE ADDING ACQUISITIONS
The acquisition of Crown Chicken during the year represents important strategic progress in developing a meaningful presence in the poultry sector over the longer term. The acquisition of Ballymena strengthens our UK pork processing business and provides further supply chain security

SKILLED MANAGEMENT AND WORKFORCE
The business is under the control of stable, experienced and talented operational management teams supported by a skilled workforce

STRONG CAPITAL POSITION
We have a robust balance sheet supported by strong cash generation. During the year we successfully refinanced the Group’s banking facility on improved terms

 

DIFFERENTIATORS

ENABLERS

 

TECHNICAL

Exacting standards

Exceptional track record

Forward thinking and progressive

 

SUPPLY CHAIN

Vertically integrated

Secure and traceable

Customer specific breeding

 

PEOPLE PLAN

Personal development plans

Training and development

Continuous engagement

 

INFRASTRUCTURE

World class manufacturing facilities

Unique processes and capabilities

Market leading innovation

 

VALUE CREATED

 

CUSTOMERS

Value for money

Choice

Provenance

 

COMMUNITY

Jobs

Local involvement

Charitable support

 

EMPLOYEES

Engagement

Training

Development

 

INVESTORS

Dividend growth

EPS accretion

Value creation