Uniq profits up almost 50%

clock

Uniq, the chilled food supplier still 90% owned by its pension scheme, has reported a 47% rise in operating profits to £4.7m in the first half of the year.

The group also reported a £130m credit to its profit and loss account - which is now £109m in the black - resulting from its pension restructuring. The scheme took control of 90.2% of the firm's...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PMI survey finds pensions policy dissatisfaction

PMI survey finds pensions policy dissatisfaction

Two thirds of industry unhappy with policy direction in last six months

Jasmine Urquhart
clock 02 May 2024 • 2 min read
Average overall pension transfer times fall by 12.2%

Average overall pension transfer times fall by 12.2%

Origo says fall in wait times is ‘encouraging’ ahead of dashboard staging dates

Martin Richmond
clock 02 May 2024 • 2 min read
Unnamed scheme completes £136m buy-in with Just Group

Unnamed scheme completes £136m buy-in with Just Group

Transaction covers remaining 586 deferred members and 242 pensioner members

Holly Roach
clock 02 May 2024 • 2 min read
Trustpilot