Jacob Fruitfield restructuring costs contribute to profit plummeting 81%

RESTRUCTURING costs at Jacob Fruitfield Food Group Ltd last year contributed to pre-tax profits plummeting by 81% to €2.1 million.

Accounts just filed by the group show revenues last year decreased by 11% from €81.5m to €72.6m in the 12 months to the end of December.

Jacob Fruitfield’s brands include Jacob’s biscuits, Fruitfield jams and marmalades and Scots Clan sweets and confectionery.