JJ Foodservice Reports 2024 Financial Results and Strategic Focus on Quality and Growth

JJ Foodservice reported a turnover of £249.6 million and profits of £11.2 million for the year ending March 31, 2024. Despite challenging market conditions, the company remains focused on long-term growth through a commitment to quality and service.

“The past year has not been easy for the restaurant and catering sector,” said JJ Managing Director, Mushtaque Ahmed. “High inflation made it challenging for our customers to manage costs and while inflation has eased, we’re still seeing an impact with fewer hospitality venues in operation.”

In response, JJ Foodservice has focused on quality and service. This approach included acquiring Asian specialist wholesaler Gatelands Supplies to support Thai, Japanese, Korean, and Chinese outlets, and purchasing a freehold warehouse in Wimbledon to better serve premium restaurants.

“Our priority is quality and service, and our customers are integral to this journey,” Ahmed explained. The Gatelands acquisition has opened up new sectors and allowed our existing customers to add fresh Asian flavours to their menus – this diversification is key to our growth,” he added.

The focus is already paying off, with sales to Thai restaurants doubling since last year. “Our goal is to extend this approach to other cuisines, including Japanese, Korean, Turkish and Italian.” Empowering People and Sustainability

JJ Foodservice’s commitment extends to its people. A profit-sharing scheme has improved staff retention, ensuring exceptional customer service. Additionally, the company continues to invest in sustainability, installing solar panels across branches and converting warehouse vehicles to electric.

For more information, please contact: Elit Rowland, Head of Communications: elit.rowland@jjfoodservice.com