UK wholesale seafood business Seafood Holdings, which trades under Direct Seafoods, saw its operating profit hit by customer price pressure and underlying product cost increases at the farm gate, in its latest financial year.

This was despite the company reporting improved turnover due to organic growth, it said in a recently filed report filed on Companies House.

For the fiscal year ended June 30, 2016, Seafood Holdings said turnover amounted to nearly £130 million (€155.4