Profit Track 100

This Manchester firm sells more than 200m of its bakery products every year in 35,000 stores across the UK, Europe, America and the Middle East. It has three brands: St Pierre, Baker Street and Paul Hollywood, and also supplies own-brand products to supermarkets. Founded in 1986 by managing director Jeremy Gilboy, 61, and international director Paul Baker, 51, the firm has expanded into America, where demand for its European-style bakery products helped the firm’s profits reach £6.6m in 2018. The firm also uses an “ultra-clean” packing process in order to protect products from micro-organisms and guarantee a longer shelf life. Last year, it rebranded from Carrs Foods to St Pierre Groupe and secured a £6.5m investment from BGF. It also hired David Milner, chief executive of Lily’s Kitchen, as non-executive chairman to help reach a target of £150m in sales by 2022.

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Company details
CompanySt Pierre Groupe
ActivityBakery products provider
Profits £000 6,906
Sales £000 69,493

If applicable:

# ebitda * supplied by company † annualised figure