The maker of the meat alternative Quorn dived £15.5m into the red last year amid soaring costs and a slowdown in sales at supermarkets.
Middlesbrough-based Marlow Foods said sales to supermarkets and other retail outlets slid 4.3% last year, while total sales rose only 1.3% to £228m because of higher sales to takeaway groups and restaurants after the end of Covid lockdowns. The growth was well behind inflation, indicating that the volume of items sold fell.
