'Thereafter, the end of the growing season was exceptionally wet, as was the harvesting period for seed potatoes. In Northwest Europe, where the centre of our production lies, the availability of seed potatoes was delayed, resulting in some of the demand for early varieties being unfulfilled. We also had to cope with much larger seed potatoes.
These conditions costs us around 10,000 tons in the Traditional sector. The Retail Fresh sector in Europe also saw limited demand. This setback had to be made up over the rest of the year. We succeeded in this by, among other things, preparing and supplying huge quantities of seed potatoes in a very short time and selling more to countries with a later market.
In terms of volume, turnover reduced by just 1.3% compared to our record year last year. Partly due to the careful monitoring of costs, we have been reasonably successful in realising our financial aims.
Despite a fierce headwind, SBAE has shown incredible control in its performance over the past year. The results also prove, once again, that HZPC has an extremely robust name. There is always a demand for our varieties and our high quality seed potatoes.’