A west Belfast company which pivoted from making packaging for McDonald's to visors for NHS staff during the pandemic has reported turnover of £62.3m in its latest accounts.
Huhtamaki Foodservice Delta had pre-tax profits of £3.5m for 2019, down from £4m.
However, turnover went up 13% from £55m to £62.3m, the accounts show, with staff numbers also up 20% to 428.
The business, based at Kennedy Way Industrial Estate, also makes packaging for other fast-food firms like KFC and Nando's, as well as food companies like Kellogg's.
Delta Print was set up by businessman Terry Cross in 1981. It was sold to Finnish firm Huhtamaki in 2016, and is now led by Huhtamaki Foodservice UK general manager Ciaran Doherty.
In a strategic report with the just-filed accounts, the company said the opening of a second factory with a new production line had brought additional costs early in 2019 but added more revenues later in the year. In the pandemic, the second factory was used for the production of visors in a project with Bloc Blinds, Magherafelt.
The strategic report said the Covid pandemic had hit the company's work. "This impact was mitigated by the reconfiguration of some company assets, in order to produce personal protective equipment. Demand for normal operations has returned to expected levels from mid-2020."
It added: "The business continues to focus on growing sectors within the core foodservice market, while continuing to review the cost base throughout the year.
"Significant capital investment has continued to be made in automation and infrastructure in order to support the continued growth of our customers."
The company said it faced risks from currency variations as it bought raw materials in euros but made sales in sterling though the company used forward foreign currency contracts to manage the risk.
It had also worked on Brexit planning. "Where key supply items are currently sourced from EU, we have taken steps to ensure we are carrying a minimum of one month's stock... we have secured additional warehousing space to facilitate raw material stock build.
"We have worked extensively with Belfast port to understand any current risk in material movements as a result of increased paperwork. We also have a contingency plan to utilise Dublin Port for raw material coming from EU to minimise port delays."
The report also referred to the company's ability to continue as a going concern in light of the impact of Covid-19. The company was expected to be able to continue to generate cash though it relied on its parent company, the Huhtamaki Oyj Group, for cash support. However, the group confirmed it would still support the business.
A government grant of £246,000 was received to help with funding new plant, machinery and equipment.
Staff numbers also grew from 354 to 428 with the pay bill growing from £11m to £12.3m. The highest-paid director received nearly £212,700, including company contributions to a defined contribution pension plan.