CH&Co posts record annual turnover of £97m

Catering group CH&Co has announced a 26% rise in turnover to £97m for the year ended 31 March 2013.

Chester Boyd is one of CH&Co's six businesses
Chester Boyd is one of CH&Co's six businesses

The figures include its share of turnover from the coffee chain Apostrophe, in which it has a 50% stake.

Bosses said its success is down to CH&Co's restructure and rebrand into six specialist businesses. These include caterers Ampersand, Lusso and Chester Boyd.

Tim Jones, chairman of CH&Co, said: "We are really pleased with the great financial results the business has delivered last year. The market is shifting away from a focus on the cheapest offer to focusing on quality of service and the value operators can deliver.

"The number of new business wins we have seen in the last year is proof that the market is not stagnating, and that exciting new opportunities are on the horizon. We look forward to the coming year which will see CH&Co comfortably break the £100m turnover milestone and to seeing double-digit growth continuing to take our turnover towards the predicted £170m figure by 2017/18 as outlined in our five-year plan."

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