Half-year revenue at an advanced materials and paper products group, which has worked with the likes of Selfridges, Burberry and Lush, jumped to almost £50m as it returned to pre-pandemic levels.
Cumbria-headquartered James Cropper has reported a revenue of £49.8m for the six months to September 25, 2021, up from £34m.
It also posted a pre-tax profit of £1.9m, after breaking even during the same period in 2020.
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Chairman Mark Cropper said: "The group has experienced a 47% increase in revenues in the first half, returning to pre-pandemic levels, with both TFP and Colourform performing above this level, and paper demonstrating a strong recovery.
"Plans are in place to establish an additional electrolyser line in the US as the hydrogen market surges and the 50% increase in TFP's non-woven lines is now operational.
"Paper sales are projected to be ahead of pre-pandemic levels by the start of 2022, with a strong demand for recycled fibre content and responsible sourcing.
"The Colourformä business attracts brands seeking plastic-free sustainable packaging across the wines, spirits, beauty, and fragrance sectors.
"We are committed to being operationally carbon neutral by 2030 and to significantly reducing carbon through our entire supply chain by 2035.
"Building on strong foundations, the newly defined ESG committee is developing targets against all our ESG strategic intents.
"We invest significantly in people, innovation and capability will ensure that over the long term, the group has the potential to sustain growth across all its businesses.
"In the nearer term, the full-year results are anticipated to show strong growth from the pandemic."
