OUR FOCUS ON INNOVATION CONTINUED IN OUR INTERNATIONAL BUSINESSES AS WE WORKED WITH OUR KEY CUSTOMERS TO SUPPORT THEIR EXTENSIVE GROWTH PLANS.

OUR INTERNATIONAL LOCATIONS

    EUROPE
  • Cinquième Saison
    St Pol-de-Léon, France
    Mâcon, France
  • Crudi
    Torreilles, France
  • Sogesol
    Murcia, Spain
  • Vaco Olen
    Olen, Belgium
  • Vaco Herselt
    Herselt, Belgium
  • Heli Fresh Foods
    Milin, Czech Republic
  • Italpizza
    Modena, Italy
    CHINA
  • Creative Food Group
    Shanghai
    Beijing
    Wuhan
    Haiman
    Xiamen
    Xianyang
    Guangzhou
    5 farms: Beijing Hebei,
    Anhui and Jiangsu
  • Gastro Primo
    Hong Kong
  • La Rose Noire
    Hong Kong
    US
  • Two Chefs
    California
    Pennsylvania
    CANADA
  • Bakkavor Foods Canada
    Ontario
    SOUTH AFRICA
  • Spring Valley Foods
    Johannesburg

SEGMENT DESCRIPTION

Our International businesses predominantly supply private label products to major grocery retailers and global foodservice operators.

FACILITIES

We operate 26 facilities and employ 3,950 people.

COUNTRIES OF OPERATIONS

We have manufacturing operations in nine countries: Belgium, Czech Republic, France, Italy, Spain, the USA, Canada, mainland China and Hong Kong and South Africa.

SALES PERFORMANCE

Revenue derived from the International business segment represented £287.2 million or 17% of Group revenue, equating to a 1% decrease on statutory revenues on the previous year and a 5.1% increase in like-for-like revenues. This increase was primarily driven by our North American and Asian businesses as these regions continued to build strong customer relationships. Our Italian pizza business also achieved strong sales growth driven by business wins.

ADJUSTED EBITDA PERFORMANCE

Adjusted EBITDA for the International segment was £10.9 million, compared with £7.1 million in 2011, an increase of £3.8 million or 53.5%. Adjusted EBITDA margin increased by 140 basis points to 3.8% in 2012. Our International segment continues to benefit from investment in relationships and growing sales. Our Italian business continues to win new contracts and our Asian business is benefiting from a continuing capital investment programme that has enabled it to grow capacity to meet customer demand and deliver efficiencies.

KEY INNOVATIONS AND ACHIEVEMENTS IN 2012

Our focus on innovation in 2012 continued in our International businesses as we worked with our key retailers and foodservice operators to support their extensive growth plans.

We launched a range of breakfast products with a key foodservice customer in Asia as well as a number of bakery and desserts lines in North America.

Our continuous commitment to customer service was recognised through two supplier awards in the USA and China.