Quorn parent firm narrows losses despite continued decline of meat

Meat-free food products maker Quorn says sales declines have slowed down amid a turnaround plan designed to return it to profitability.

Marlow Foods, the parent company behind the Billingham and Stokesley-based manufacturer which also owns the Cauldron brand, says Quorn has gained market share in the first half of 2025, as underlying losses have narrowed thanks to efficiencies and £18m investment from Philippines-based owner Monde Nissin. Chief financial officer Nick Cooper said the firm is encouraged by early signs of progress on the back of a restructuring effort including redundancies, which brought £4m of costs last year.

The update on trading so far this year follows the publication of a 2024 accounts which show a near 9% fall in sales from £204.9m to £186.6m, and a narrowing of ope