Manchester based bakery business, Carrs Foods, have been ranked at number 7 in this year’s Sunday Times HSBC International Track 200, which ranks Britain’s mid-market private companies with the fastest-growing international sales. Carrs Foods achieved an international sales growth of 279% compared to 2015, with a global sales turnover of £38 million.
Compiled by Fast Track, Track 200 is now in its 8th year and measures the international sales figures over the latest two years of available accounts.
Carrs Foods have bought originality and excitement to a traditional industry, by taking on a modern forward-thinking approach to the sector, working with selected partner bakeries, to produce the highest quality products for its consumers and customers. The result has been continued success and significant growth over the past few years. As a ‘disruptor’ in the industry Carrs Foods have lead the way in bringing innovation to the morning goods, bread and cake sector and re-invigorated the category.
Carrs Foods’ St Pierre brand in particular has experienced phenomenal growth, since its launch into America in 2014; and is now the No.1 European Bakery brand nationwide*. In addition to St Pierre, the Baker Street brand has been growing rapidly across selected territories in the Middle East and Europe, and the Paul Hollywood range has gone from strength to strength with the launch of new products.
Jeremy Gilboy, managing director of Carrs Foods comments: “It is a great achievement to have been ranked at number 7 and be included in the listing for the very first time. This ranking reflects our strong continued growth year on year and helps cement our position as an international market leader in the bakery sector. We have not only increased our global sales over the past two years but also expanded the Carrs Foods team and extended our brand portfolio, with the launch of new products. Over the next few years, we are looking to grow further in both the home and overseas markets and hope to regain our position within the top 10 in the Sunday Times HSBC International Track 200.”
Carrs Foods has been supplying bakery products for the past 30 years and globally sells more than 200 million items every year, in own-label and branded formats. The brands within its portfolio includes St Pierre, Baker Street and Paul Hollywood.