27 July 2018

Rural Kent : Factfile

TURNOVER WAS £557M, reports Kent Business.  While the numbers put the sector ahead of M&S and on a par with Sainsbury’s, there are concerns.  These were identified by Finance Director Mark Lumsdon-Taylor, who said: “if this sector is to perform, it requires a reasonable proportion of margin to enable reinvestment, improved profitability, and long-term sustainable planning…to increase performance and return on capital employed, there requires a clear and consistent approach to sector food and farming at a national level…confidence enables businesses to invest long-term.”