Vacherin reports 14.4% rise in turnover to £17.2m
Independently-owned foodservice company Vacherin has reported a 14.4% increase in annual turnover, 12 months after restructuring its senior management team.
Revenue for the company, which operates around 30 contracts in London, rose to £17.2m during the year to 31 August 2016. It is the 14th consecutive year that turnover for the company has risen.
Clive Hetherington, executive finance director at Vacherin, said that the restructure of the senior team had demonstrated "the robustness of our business model and the commitment and cohesiveness of our entire team".
The restructure of Vacherin saw Mark Philpott move from managing director to chairman, with Phil Roker, former commercial director, taking on the managing director role. Hetherington continued in his position, with new appointee Sam Feenan taking on day-to-day responsibility for finances as head of finance, purchasing and administration. In addition, Zoe Watts moved from the creative events team to director of business development and communication.
Over the past year Vacherin has deepened its commitment to sustainability by becoming a zero waste to landfill company, sending 5,000kg of coffee grounds to be converted to biofuel, and serving 3,900kg of cosmetically rejected fruit and vegetables.
Vacherin was founded in 2003 and is 100% owned by Philpott, Hetherington and Roker.
Vacherin was the winner of the Business & Industry Caterer of the Year award at the Foodservice Cateys 2016.
Foodservice Cateys 2016: Business and Industry Caterer of the Year >>
Vacherin restructures senior team to prepare for future growth >>
Vacherin turnover breaks £15m for first time >>
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