Lockdowns send earnings at Mitsubishi's UK canned seafood subsidiary soaring by over 50%

The surge in retail sales and in-home eating benefitted the group, one of the largest suppliers of ambient tuna, salmon and mackerel in the country.

Canned tuna was a winner during the COVID lockdowns. Among the challenges, however, Mitsubishi-owned Princes had to work to keep raw material sourcing steady.
Canned tuna was a winner during the COVID lockdowns. Among the challenges, however, Mitsubishi-owned Princes had to work to keep raw material sourcing steady.Photo: Perryhill Orchards/Princes
Published 6 January 2022, 23:30Updated 7 January 2022, 13:49