The economic fog

It’s hard to see a way through the confusion cast by Brexit


Our latest Top 150 report, produced in partnership with The Grocer, shows the UK food and drink industry under pressure. As currency-driven input inflation and rising labour costs continue to squeeze margins, the prolonged run-up to Brexit is weighing heavily on food and soft drink producers. Amidst this there are some green shoots of recovery for the largest branded producers who have seen growth improve after years of underperformance, suggesting that some of the efforts they have been making to innovate, evolve their portfolios and adopt the full range of digital activation tools are having an impact.

Amidst the economic fog of Brexit the strongest producers are making their own fortunes. Our five top performers; Coca-Cola European Partners, Finlays, McCain, Nichols and Scottish Sea Farms, show that with the right combination of positioning to capitalise on structural trends and great execution they can succeed despite testing conditions and significant uncertainty.

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On the edge

With inflation in raw materials and rising labour costs squeezing margins, the anticipatory impact of Brexit is already being felt large across the UK food and drink industry as shown in our 2018 OC&C Food and Drink Top 150 report

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Which way is growth? Sales and profit growth has slumped, the latest OC&C Index for The Grocer reveals, but own-label is finding its way more successfully through a changed landscape than the brands

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