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AF Blakemore stores 'enjoy' strong sales throughout pandemic - Vimarsana News

AF Blakemore stores 'enjoy' strong sales throughout pandemic

Spar wholesaler AF Blakemore has reported a year of “good progress” despite the effects of the coronavirus pandemic. However, the wholesaler posted a 7.2% fall in overall sales to £1.05bn for the year ending 30 April 2020, having been impacted by the conclusion of the company’s cash & carry disposal and Covid-19-related reductions in its foodservice business. AF Blakemore’s pre-tax profits remained stable at £6.1m, up from the previous year’s figure of £6.0m. Chairman, Peter

Revenues Down At A.F. Blakemore But Making Good Progress - Vimarsana News

Revenues Down At A.F. Blakemore But Making Good Progress

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 s...