Fish and seafood group nets pre-tax profits of £22m

Fish and seafood business Andrew Marr International has reported “another year of further progress” with pre-tax profits rising to £22.3m.

For the twelve months ending 31 March 2018, the Hessle-headquartered company also saw turnover increase to £590.5m, compared to the £527.7m achieved in 2017.

Andrew Marr International is a holding company, which trades under a number of subsidiaries.

The family-owned group’s principle activities are in fishing trading and processing, fishing and fishing vessel management and the provision of temperature controlled food storage services.

Alexander Marr, director of Andrew Marr International, said: “The board is pleased to report that the year to March 31 2018 was another year of further progress across all of our businesses and of growth in profits and underlying operating cashflows, which have enabled further business investment in the period.”

The business has significantly invested in its UK fishing catch operations, including the delivery of a new fishing vessel built in Whitby.

Marr added: “The board looks forward to the future with confidence.”