Fresh produce firms have increased in value by at least five per cent over the past 12 months, a new study has found.
Business analysts Plimsoll found that 1,103 of the largest fresh produce firms operating in the UK increased in value by five per cent, while 86 firms saw value rise by 10 per cent or more.
As the majority of businesses saw value increase, Plimsoll said this is a reflection of the improving UK economic climate.
Lead author David Pattison said: “As a director, taking stock of your company value is a great barometer to measure your success and to analyse the overall state of the market.
“In all, we have identified 86 businesses that have increased in value by at least 10 per cent and their financial performance adds to the belief that the overall market is continually improving.
“Having said that, we have seen 88 businesses that have seen their value fall by over a third and it is clear that, although the market is improving, it is still a challenging landscape.”
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