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Cornish Premier Pasties predict £7m turnover after successful first quarter growth

Cornish Premier Pasties is celebrating a record start to the year, with sales up 54% at the end of the first quarter and turnover predicted to reach £7m in 2022.

The company was acquired by Mark Norton in 2020 and combined with its sister business, Prima Bakeries Ltd, the group is the fourth largest manufacturer of Cornish Pasties in the world. Employing over 60 people, Cornish Premier Pasties scooped gold and silver in the Cornish Pasty Company category at the World Pasty Championships last month.

Thanks to the rising demand in savoury baked goods, Cornish Premier Pasties’ sales are predicted to reach year-on-year growth of 19% by the end of 2022. To support the forecast growth, Cornish Premier Pasties has committed to investing over £100,000 in the next 12 months on bakery production equipment and vehicles. Looking forward, the company is set to introduce new product developments, as well as increasing the manufacturing service lines, and in turn continuing to recruit from the local community.

Commenting on the growth, Mark Norton, Managing Director of Cornish Premier Pasties said: “Whilst our plans to grow are incredibly exciting, our priority is that this does not come at a cost of quality or customer service – something we are well known for. As well as ensuring this high-quality product and service, we will continue to respond to the consumer market with relevant and exciting new products in line with the demand for vegan and alternative options, as well as looking at all aspects of reducing food miles and energy usage.”

The firm recently added a Vegan Creamy Chicken Pasty to its range of alternative products, and work is in progress to extend the sausage roll and savoury pasty flavours. Cornish Premier Pasties produces over 40,000 savoury pastry products a day and supplies wholesalers, retailers and outlets across Cornwall and the UK.

April 12, 2022

Filed Under: Cornwall, Food, Industry News, South West News

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