{"id":999,"date":"2026-04-30T18:34:46","date_gmt":"2026-04-30T18:34:46","guid":{"rendered":"https:\/\/gw.adampg777.com\/?p=999"},"modified":"2026-04-30T18:34:46","modified_gmt":"2026-04-30T18:34:46","slug":"losses-cut-as-mackays-promises-jam-tomorrow-daily-business","status":"publish","type":"post","link":"https:\/\/gw.adampg777.com\/?p=999","title":{"rendered":"Losses cut as Mackays promises jam tomorrow \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/10\/Martin-Grant-of-Mackays-foods.png\" alt=\"Martin Grant of Mackays\" class=\"wp-image-157730 lazyload\"\/><img fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"581\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/10\/Martin-Grant-of-Mackays-foods.png\" alt=\"Martin Grant of Mackays\" class=\"wp-image-157730 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/10\/Martin-Grant-of-Mackays-foods.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/10\/Martin-Grant-of-Mackays-foods-300x220.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/10\/Martin-Grant-of-Mackays-foods-768x562.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2023\/10\/Martin-Grant-of-Mackays-foods-600x439.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Michael Grant: solid progress<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Scottish jam and marmalade producer Mackays has cut its annual losses as it plans new products and distribution developments.<\/p>\n<p class=\"has-medium-font-size\">The Arbroath-headquartered business saw pre-tax losses for the year to the end of December reduce by 40% to \u00a3656,495 from \u00a31.22 million in the previous 12 months.<\/p>\n<p class=\"has-medium-font-size\">Turnover was broadly flat, edging up \u00a317.45 million from \u00a317.34m in the previous year. <\/p>\n<p class=\"has-medium-font-size\">The company said its improved performance was partly a result of stronger operational efficiency across its manufacturing base.<\/p>\n<p class=\"has-medium-font-size\">Martin Grant, managing director, said: \u201cThese results reflect another year of solid progress for the business and continued momentum behind the Mackays brand.<\/p>\n<p class=\"has-medium-font-size\">\u201cWe have delivered growth in turnover, improved profitability significantly and continued to strengthen our position in the UK and more broadly, despite operating in what remains a challenging economic environment.<\/p>\n<p class=\"has-medium-font-size\">\u201cConsumers are still feeling the effects of cost-of-living pressures and manufacturers continue to face sustained inflation across ingredients, packaging and logistics.\u201d<\/p>\n<p class=\"has-medium-font-size\">Mackays said international sales remain a core part of the business. Export activity currently accounts for around 30% of turnover.<\/p>\n<p class=\"has-medium-font-size\">The business also anticipates further opportunities ahead in retail expansion, foodservice growth and innovation, with several new product and distribution developments planned throughout 2026 and into 2027.<\/p>\n<p class=\"has-medium-font-size\">Mr Grant added: \u201cWe are entering this next phase of growth from a position of real strength.<\/p>\n<p class=\"has-medium-font-size\">The marmalade category is evolving, consumer appreciation for premium heritage brands is increasing, and there remains significant headroom for Mackays both in the UK and internationally.<\/p>\n<p class=\"has-medium-font-size\">\u201cWe have invested heavily in the business, our people and our operational capability over recent years. That puts us in an excellent position to capitalise on the opportunities ahead.<\/p>\n<p class=\"has-medium-font-size\">\u201cWe remain extremely confident in the future of the Mackays brand, the wider category and the long-term potential of this business.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Losses #cut #Mackays #promises #jam #tomorrow #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Grant: solid progress Scottish jam and marmalade producer Mackays has cut its annual losses as it plans new products and distribution developments. The Arbroath-headquartered business saw pre-tax losses for&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[283,1541,282,1543,1151,1539,1540,1542,1544],"class_list":["post-999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main-stories","tag-business","tag-cut","tag-daily","tag-jam","tag-losses","tag-mackays","tag-michael-grant","tag-promises","tag-tomorrow"],"_links":{"self":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts\/999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=999"}],"version-history":[{"count":0,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/posts\/999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=\/wp\/v2\/media\/1000"}],"wp:attachment":[{"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gw.adampg777.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}