Thomas Hardy is brewing profits in Burtonwood

BURTONWOOD brewer Thomas Hardy has ensured its growth isn’t just froth by increasing profitability, despite “increasing cost pressures”.

The independent brewer saw sales rise £5.3m to £37.1m in the year to September, 2009 – a 17% annual growth. Turnover has more than doubled in three years.

It improved pre-tax profit levels more quickly, up 22% to £639,000.

Thomas Hardy, which employs about 130 people, brews and packages drinks for customers such as Heineken UK and Carlsberg.

In its directors’ report, just filed at Companies House, it said: “The improved financial performance builds on the foundation laid over recent years. Particularly satisfying is the group’s performance in a time of increasing cost pressure and the UK’s economic downturn.

“Production volumes continued to grow across both the brewing and bottling sectors.”

Thomas Hardy has a brewery and bottling plant at Burtonwood, near Warrington, and in October – after the financial year end – it bought the freehold of a Kendal bottling and packaging plant, which it already operated.

Also in the current financial year, it reached an agreement in principle with a new customer which it said will contribute to the financial performance of the group in 2010.

Emoluments for the three directors – Peter Ward, Rae Ward and Neil Voss – totalled £1.36m, with the highest-paid receiving £782,000.

Mr Ward founded the company in 1997 and in 1998 formed a joint venture company with Burtonwood Brewery to manage the company’s brewing operations. It bought the plant in 2005, while the pubs business is now part of Marston’s PLC.

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