The last two years have been tough for all businesses.

As this financial year ends, we reflect on Kingfisher’s development and growth during 2021-22. We’ve made some huge improvements, from profit maximisation to improved label printing machinery, and we’d love to share them with you.

Scalable, measurable financial growth has been tricky to attain since the COVID-19 pandemic and the many challenges it raised.

Thankfully, Kingfisher has stayed ahead of the curve and maintained its position in the self-adhesive labels sector, enjoying a solid financial year and many positive developments between April 2021 and March 2022.

There are five key headlines to explore when it comes to Kingfisher Labels’ successful trading year, and in this blog, that’s exactly what we’ll do.

Increased Sales Turnover

We achieved a sales turnover of +50% on the previous financial year. This is a fantastic improvement, especially when contextualised with the remaining uncertainty around COVID-19.

It sounds simple, but we’ve accomplished this in the best way we know how: By continuing to supply our customers with high-quality labelling solutions that they can trust. The secret to our success is determination and collaboration, and we plan to play the same game in 2022-23.

Value Added Logistics (VAL) Remained Static

Moving products from A to B will always cost something, but numerous suppliers have increased these costs this year, making things harder for their customers.

That’s why our VAL (both raw and freight) % remaining static is an outstanding achievement. We’ve managed to keep our costs level while still providing the reliable, quality service that our customers expect from us.

Reduced Overheads

Keeping overheads minimal is essential for any business, and at Kingfisher, we have our improved operational efficiency to thank for our ability to do so. We’ve increased that efficiency by:

  • Hiring expert new team members
  • Streamlining our processes with cutting-edge technology
  • Maintaining fruitful, collaborative working relationships with staff and customers alike

Plus, all of the above will contribute to an even smoother operation over the next financial year!

Increased Net Profit

Our net profit for 2021-22 tripled on the previous financial year. After deducting costs and overheads, it’s clear that our sales revenue is on the rise.

Once again, we put this down to our passionate dedication to quality and efficiency. We care deeply about the products we produce and the customer service we provide, and we expect our net profit figures to continue to increase along with our widening customer base in 2022-23.

Improved Operational Capacity

We’ve always been champions of Edale’s label printing machinery here at Kingfisher, and our investment in the FL1 Prime Press this year is responsible for a +25% increase in operational capacity.

The Press offers incredible registration accuracy and cold foil, die-cut, and waste stripping technologies. Having all these options in a single-pass press has increased our precision and made a massive difference in our service provision.

Combined, these improvements all point towards Kingfisher’s bright future. If you’d like to find out more about our services, don’t hesitate to get in touch today.

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