The UK based skin and hair care manufacturer also announced an operating profit rise of 43.7%
Creightons has revealed its preliminary results for the year ended 31 March 2021, showing that the British skin and hair care manufacturer thrived despite the twin storms of Brexit and Covid-19.
The Peterborough, UK-based company saw revenues increase by 28.9% to reach £61.6m, while operating profit grew a significant 43.7%, hitting £5.4m.
This sales growth momentum, according to Creightons, was boosted by a 16% rise in the manufacturer’s own branded product sales, as well as a strong performance from the company’s hygiene related product portfolio, which delivered sales of £14.6m.
Creightons specifically revealed that sales of hygiene products under its Pure Touch brand “significantly increased”.
“The Group has continued its recent trend of delivering year-on-year organic sales growth supplemented by the sales of hygiene products, delivering continued improvements in operating profit,” commented Creightons’ Chairman William McIlroy.
“The cash generated by the Group’s growth puts it in an excellent position to take advantage of any new opportunities that may arise.”
Managing Director Bernard Johnson added: “The team across the Group has performed exceptionally well to cope with challenges and pressures associated with the Covid-19 pandemic.
“We have been able to keep our employees working in a safe environment throughout the pandemic and responded to the requirements of our customers. We will continue to invest in the development of our people, sustainable production capabilities and are open to the acquisition of new brands with a digital presence.”