Our Key Performance Indicators

WE MONITOR PERFORMANCE AGAINST OUR STRATEGIC OBJECTIVES THROUGH THE FOLLOWING KEY PERFORMANCE INDICATORS

HIGH QUALITY PRODUCTS 

Our facilities continue to undergo exacting technical audits carried out by independent bodies, customers, government authorities and our own compliance teams.
We have also increased the number of supply chain audits carried out by our technical teams to assure the safety, traceability, quality and provenance of our raw materials.
We are working closely with our customers to develop innovative premium food products to meet the rapidly changing demands of the UK consumer.

We are one of only 5 food companies globally to be awarded a Tier 1 rating in the Business Benchmark on Farm Animal Welfare (BBFAW) 2017 report.

OPERATING EXCELLENCE 

During the year we invested £59 million in our infrastructure to support future growth, add capability and increase efficiency.
We have boosted our apprenticeship and graduate recruitment schemes and have funded extensive training and development programmes at all levels across the business.
We have received planning permission to build a new state-of-the-art poultry primary processing facility in Eye, Suffolk, which is scheduled for completion in late 2019. This will double our existing capacity.

SALES GROWTH 

Like-for-like revenue was 12.7 per cent higher than prior year, with corresponding volumes up 7.7 per cent as higher year-on-year prices in the first half of the year more than offset falling prices in the second half.
Total export sales were 30.2 per cent higher than prior year, reflecting strong demand from the US and Europe and increased output from the Group’s pork primary processing facilities.
The approvals received during the year both to export product to China from our Ballymena facility and to export additional product from our Hull facility create the potential to drive further export revenue growth.

SUSTAINABILITY 

During the year we announced the launch of ‘Second Nature’, our Group-wide sustainability initiative. This new project contains several major environmental and community pledges.
We are investing £4 million in our Wayland farming business to increase breeding and finishing capacity of premium pigs, which will secure our supply chain.
We also plan to invest heavily to upscale our agricultural operations to maintain our fully integrated poultry supply chain model.