Sales have jumped by more than £1m at GWP Group, the specialist packaging manufacturer based in Wiltshire, during its’ latest financial year. The company recorded a turnover across its five trading divisions of £13.25m for the financial period ending October 2020, up from just under £12m for the preceding year. The business has now seen growth of 40% since 2015. Turnover was just under £9.5m five years ago.
Ruth Cook, Managing Director at GWP Group, commented, “We are obviously delighted with the financial performance this year, particularly against the backdrop of the Coronavirus pandemic and the unprecedented economic uncertainty. This is far and away the strongest performance we have recorded in our 30 years of trading, providing us with great confidence as we move towards 2021 and beyond.”
Ian Heskins, GWP Group Business Development Director added, “What has been really pleasing is that we have seen growth throughout all areas of our business. This includes our main corrugated packaging division, but our specialist foam and cases division as well. Sales of reusable packaging and handling products have performed better than expected too. It is a tribute to the hard work and commitment of all our staff, a number of which have been with us from when we began trading 30 years ago.”