Purchasing Lactose Free Milk - stock photo

Source: Getty Images

Framptons attributed the turnaround to a year of ‘delivery and stabilisation’

Plant-based drinks maker Framptons is feeling bullish after it bounced back into the black with a £1.1m pre-tax profit, according to the business’s accounts for the year to 30 April 2026.

Framptons attributed the turnaround to a year of “delivery and stabilisation” achieved in the wake of restructuring efforts implemented by its parent company, Swedish investment fund Profura, which acquired the business in late 2023.

It said two efficiency programmes, dubbed Project Genesis and Project Njord, resulted in a lower, more stable cost base and enabled Framptons to operate with a “leaner structure while maintaining quality”.

The business also grew its turnover 4.6% to £36.3m, while operating profit surged from a loss of £800k to £1.8m. Framptons said it had worked on its balance sheet throughout the year, restructuring loans to long term, securing additional financing and controlling working capital despite growth.

Additionally, it made a £2.3m investment in plant and machinery to improve throughput and reliability. A further investment, in a third Tetra Edge A3 line that is due to be installed by the end of 2026, is expected to raise production capacity by 40 million units.

With the operational restructuing largely complete and cost base reset, Framptons MD Andy Rimell said the business “enters FY27 on a considerably stronger footing than the start of FY26”.

“The board remains mindful of ongoing economic risks both in the UK and in particular the impact of the ongoing conflict in the Middle East, which is expected to result in sustained volatility in energy markets and higher energy, fuel and logistics costs,” he continued. “We strongly believe the business has positioned itself as a reliable and trusted partner for its stakeholders.”

Pointing to Framptons’ ESG agenda, Rimell also said his business offered customers a “British manufacturing alternative” in a market dominated by imported plant-based drinks, “supported by a local supply chain that is underpinned by British farming”.

“ESG considerations are embedded in decision-making across the business and are viewed by directors as integral to the group’s long-term commercial success,” he continued.

Going forward, Rimell asserted he would focus on strengthening its position as the UK’s largest independent supplier of plant-based drinks, “delivering value through operational excellence, disciplined investment and deeper customer partnerships”.

He added: “With the continued support of Profura… the directors believe the group is well positioned to deliver sustainable value over the long term.”