Contract catering group CH&Co has revealed that it enjoyed a 26 per cent rise in turnover in the 12 months ending March 31st 2013.
In the year, the company made a record turnover of £97 million, and this has primarily been due to it having rebranded into six specialist businesses. These include Chester Boyd, which offers catering at eight livery halls in London, Ampersand for attractions at Historic Royal Palaces and ZSL London Zoo, and It's The Agency, which finds venues for events in the City of London. The group also has a 50 per cent stake in coffee chain Apostrophe, which is on track to turnover more than £95 million this year.
Chairman of CH&Co Tim Jones said: "We are really pleased with the great financial results the business has delivered this last year. Despite a continued challenging economic outlook, CH&Co has delivered significant growth in turnover, not just through the fantastic new contract wins we had in 2012, but also through turnover growth within existing contracts."
Mr Jones went on to say the group is looking forward to the next 12 months, in the hope that it will finally break the £100 million mark. The group estimates that double digit growth will hopefully see turnover hit £170 million by 2018 within a specific five-year plan. As the company expects to grow in the next five years, it is hoped that that it will encourage a boost in catering recruitment in the UK across its multiple platforms.
CH&Co has been involved in a series of high-profile event catering services since its inception in 1991. For more information on the services it offers across the six business brands, visit its official website.
Berkeley Scott is a specialist recruitment agency in the catering industry.