£25m profit for Belfast WKD firm

Published Wednesday, 12 September 2012
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The Northern Ireland company which owns the WKD drinks brand has posted its profits for the year.

£25m profit for Belfast WKD firm
The company said 2012 will be a challenging year. (© Getty)

The SHS Group made an operating profit of £25m and increased turnover by £60m.

It owns a number of well-known brands including Bottlegreen and Shloer, and is based on Airport Road West in Belfast where it employs 125 people.

Managing Director Michael Howard said that, with the downturn putting a squeeze on margins, 2012 is set to be a tough year for the company.

He warned: "2012 has certainly been much more challenging for SHS.

"We are seemingly facing a perfect storm where on the one hand, we are getting [told that] consumer confidence is very low [and] we are getting food inflation coming through."

The SHS Group was set up in 1975 and employs a total staff of 700.

© UTV News
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