Tunnock's, the Scottish confectionery firm, has announced a fourfold increase in pre-tax profits to £4 million for the year ending 24 February 2024. This surge comes despite the ongoing challenges posed by rising chocolate costs due to climate change and supply chain disruptions.
Tunnocks
Tunnock's has reported a sharp decline in pre-tax profits from £5.5 million to just £1 million in the past year. The Uddingston-based biscuit company recorded turnover of £75.8 million in the year ending 25 February 2023, up from £72.1 million in the previous year, while pre-
Scottish biscuit manufacturer and brand Tunnock's has reported a £5 million rise in profits with turnover reaching £72m, in its latest accounts for the year ended 26 February 2022. The growth in profits show a healthy recovery from pandemic lows as pre-tax profits were £254,988 in
Tunnocks' financial results have revealed that the company has sold £60 million of products for the first time.