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Home Business NewsBusiness Gousto to double workforce after pandemic fuelled sales rise

Gousto to double workforce after pandemic fuelled sales rise

by LLB Editor
26th Apr 21 11:10 am

Gousto is doubling it workforce after the pandemic helped the meal kit company record its first profit after sales skyrocketed.

The firm, launched in 2012, plans to open additional fulfilment centres in Warrington, Cheshire, and Thurrock, Essex.

It recorded underlying profits of £18.2m in the year to 31 December – following a £9.1m loss the year before – with sales rising 129% to £189m.

Timo Boldt, the founder and chief executive, said the company is “capitalising on the the biggest trends in grocery” – health convenience and sustainability – and taking market share from supermarkets.

“We have doubled the business every single year over the last couple of years. During the pandemic we have grown faster but we were growing fast before.”

“Customers are creating [something like] a supermarket shop in a much easier way. It feels unlikely people are going to go back to pushing trollies and queueing,” he said.

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