Profits before tax rose by 24% to £5.2m at Westland Horticulture for the year ending 31st August 2017.
Sales rose by a modest 2% to £130.5m, much slower than the previous years growth when the acquisition of Sinclair Horticulture added almost a third to company turnover.
The group, which employs almost 600 people, reported a profit before tax of £5.2m despite the writing off of a £2.6m bad debt.
The directors said they were satisfied with the results and the business’s encouraging performance since the year end, which saw cash at bank increase £4m to £14m. Short term creditors increased by £10m.
