Sales growth goes on at Nutrition Group
Nutrition Group, one of the fastest-growing manufacturing companies in the North West, has seen its total sales grow by 22 per cent in the last 12 months.
Full-year figures for 2020/21 show the leading international food supplement and health product manufacturer’s overall sales hit £24.1million – an increase of £5.3m on the previous year.
It is the second double-digit percentage annual sales growth in two years for the Blackpool based company. In 2019/20 it reported £18.8m sales, a 36.1 per cent rise.
The business supplies some of the world’s most renowned nutrition brands. Its growing client base includes major vitamin brands and well-known online sports nutrition businesses and health food multiples.
The family-owned company has seen sales grow throughout the Covid-19 pandemic alongside a dramatic rise in demand for its immune system-boosting products.
With a 150- strong workforce, Nutrition Group specialises in manufacturing tablets, capsules and protein bars for the health supplements market.
The business, which was founded more than 25 years ago, currently produces two billion tablets and 500 million capsules a year.
The company has also received a supplier award from health food group Holland & Barrett for its work on a new own-label range of protein bars.
In 2019 the business invested £3m in a state-of-the-art protein bar production line at its Blackpool facility on Olympic Way, just off the M55 motorway.
That line has the capacity to make 50 million ‘energy bars’ a year. And if the total number of bars produced in the last 12 months was laid end-to-end, it would equal the length of Britain, some 603 miles!
Nutrition Group chief executive Richard Greathead said: “It has been another 12 months of sustained growth and development for the business in challenging times, thanks to the hard work and dedication of our workforce.
“They have shown a real commitment to excellence and the flexibility and resilience they have shown to face the challenges of the Covid-19 pandemic over the last two years has to be admired.
“Looking ahead, we’re seeing continuing strong orders throughout our vitamin supplement and healthy snacks divisions.
“Our programme of major investment in our production capability also continues to move forward, to ensure we remain at the forefront of our sector and are able to meet the needs of our clients moving forward.
“We feel that we are in a great position to take advantage of the continuing rising demand for our products, and we’re helped in that by the strong relationships we have built up with our clients over the years.”
He added: “We are also delighted to have been recognised on a list of fastest-growing manufacturers in the North West. It is a testament to our team and their relentless effort to deliver consistent quality and customer service.”
