Independent caterer Vacherin’s annual turnover rises for 14th consecutive year
In the year ending August 31, 2016, the company had an annual turnover of £17.2 million, a rise of 14.4% over the previous year.
Co-founder Mark Philpott said: “These results come in the year that Vacherin completed the most significant senior team restructure in its history which in my view demonstrates the robustness of our business model and the commitment and cohesiveness of our entire team.
“We are delighted to report that operating profits have been maintained despite the additional investment, driven by the further growth in turnover.”
The restructure saw Philpott become chairman, Phil Roker, longstanding commercial director become managing director, and the new appointment of Sam Feenan as head of finance, purchasing and administration.
Vacherin has also had success in deepening its commitment to sustainability by becoming a zero-waste-to-landfill company, serving 3,900kg of cosmetically rejected fruit and vegetables, and sending 5,000kg of coffee grounds to be converted to biofuel.
The company remains 100% owned by Philpott, Roker and executive finance director Clive Hetherington, who founded the company in 2002.