Canned seafood giant Princes post massive pre-tax losses

Tinned foods giant Princes has fallen to a pre-tax loss and made a number of redundancies, as a result of an impairment charge and surging costs. However, the group’s managing director said the company “remains resilient”. Princes’ products include tinned fish, fruit and meat, and its brands include Branston, Batchelors’ and Flora. Newly filed accounts…

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