The team at BWG Foodservice, the Irish foodservice operator, have announced that its sales are projected to reach €250 million in 2025.
BWG Foods registered sales of €219 million in 2024, marking an 8% increase on 2023. The company claims the strong growth has been driven by the continued expansion of BWG Foodservice’s nationwide reach where it attracted double digit growth in customer numbers and secured a number of significant supply contracts.
“We continue to see very strong momentum across our nationwide foodservice business, driven primarily by our focus on delivering food solutions that enhance the competitiveness of our customers, both in terms of quality and value," said Ricky O’Brien, foodservice director, BWG Foods.
"The business has benefitted from an accelerated growth trajectory fuelled by its ability to leverage the power and resources of the broader BWG platform, making it one of the highest performing foodservice operators over the last number of years.”
BWG Foodservice claims its current pipeline suggests it is on track to hit the €250 million sales milestone in 2025, which will mean it will have doubled its revenues in the space of just four years, having recorded sales of €126 million in 2021.
Looking at predicted trends across the food sector, BWG Foodservice is forecasting another major shift towards healthy eating, as demonstrated by a major upsurge in the consumption of Açaí products.
In response, BWG Foodservice has introduced a new Açaí offering through an exciting exclusive partnership with Sambazon where all products are ethically sourced and hand-harvested by local farmers, as well as certified organic and Fair Trade Açaí.
“The sector has faced a multitude of pressures threatening the viability of many of its businesses however we remain hopeful that the Government will act sooner than anticipated in relation to its VAT reduction commitments as this will have a positive impact in supporting the sector, which plays a critical role in the economic and social fabric of this country,” said O’Brien.
