8th February 2021
A.F. Blakemore’s overall sales for the financial year ending 30 April 2020 saw a decline of 7.2% to £1.05bn, having been impacted by the conclusion of the company’s cash & carry disposal and pandemic-related reductions in its foodservice business.
However, pre-tax profits edged up from £6.0m to £6.1m and net assets grew from £78.5m to £85.7m.
A.F. Blakemore & Son Chairman Peter Blakemore commented: “This was an excellent result, as the company incurred many increases in costs and provisions to meet the challenges posed by the pandemic.
“The company has enjoyed strong sales throughout the pandemic in the supply and operation of convenience stores. Great customer service, strong availability and an investment in retail pricing within our managed estate have resulted in like-for-like sales consistently outperforming our competitors.”