Fragrance bottles maker senses sales growth after Covid-hit year end

A Cheshire firm which makes glass bottles for fragrances from the likes of Gucci, Lacoste and French Connection is anticipating to report “good growth” in its turnover after the earlier year was hit by the Covid-19 pandemic. Continental Bottle Company, which relies in Winsford, has reported a turnover of £15.1m for the 12 months to July 31, 2020, in comparison with £15.5m within the prior year. The enterprise has additionally posted a pre-tax revenue of £325,539 for the interval, down from £698,666. The firm additionally works with the likes of River Island, Boots, Marks and Spencer, Next, Ted Baker and White Company whereas it was based in 1991. A press release signed off by the board stated: “The buying and selling place stays constructive though Covid affected sales in March, April and May 2020. “The closure of many manufacturing crops instantly affected the perfume facet of the enterprise and plenty of orders had been postponed. “Closure of non-essential retail companies instantly affected demand for fragrance-related merchandise.

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“Most orders nonetheless have been delivered and orders weren’t cancelled. “Without the drop in turnover throughout ‘Covid interval’ a rise in turnover would have been anticipated. “Turnover for the year stays roughly the identical as 2019 though buying and selling turns into more and more troublesome. “Turnover within the subsequent monetary year has seen good growth.
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“Product diversification has enabled good sales by means of the ‘Covid interval’ and money circulation stays robust as a consequence of Government-backed schemes. “Profit margins have dropped from 2019 as a consequence of rising pressures from clients and a really aggressive market place.”

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