​Pork supplier Karro Food Group revealed in its annual end of year report at the end of 2015 that it has managed to reduce its company debt from £65.5 million to £52.8 million.

The company had been acquired by Endless, the private equity house, but now it operates as an independent business, reports Food Manufacture.

In order to decrease the amount of debt owed, a major investment programme had taken place that was dedicated to lowering the production costs of the company.

Similarly, the manufacturer was keen to focus on improving the products that it offered its consumers, which has helped see an uptick in its sales.

Improvements included a cure facility in Wiltshire, a new innovation centre in Malden and a new chilling capacity in Cookstown, among others.

However, it was the facility in Cookstown that provided "significant capacity and leading quality improvements", according to Karro.

Speaking on this year, Michael Kestermont, chief financial officer, said: "Karro Group is confident that 2016 will bring further improvement in the profitability of the business through revenue growth and further operational efficiencies driven by investment and management initiatives."