Top Track 250

A limited edition royal game soup is helping this Scottish food business celebrate its 150th anniversary. Baxters has sites in six manufacturing locations worldwide, producing soups, jam, canned meat and condiments sold in 30 countries. About half of total revenues are generated in the US, with the company supplying own-brand products to US retail giant Walmart and the American military. Executive chairman Audrey Baxter, 57, is the fourth generation of her family to lead the firm.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivityFood producer
Sales £m296.7
Operating profit £m19.4
Main shareholdersAudrey Baxter (32%), Andrew Baxter (21%), Catherine Baxter (16%), Baxter family (31%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda