ANM Group gives back to members
16/06/2015ANM Group, one of the UK’s largest and most progressive producer-owned farming, food and finance businesses, is this week issuing cheques to qualifying members for its first discretionary trading bonus in many years.
The move follows the announcement at the farming co-operative’s April AGM that its Board of Directors approved this unique benefit in response to securing a trading profit of £682,000 and a much-strengthened financial position. The bonus - equating to 3% of total commission paid in 2014 - is just one of the many benefits offered to members of the Thainstone Centre-based Group.
Pat Machray, OBE, ANM Group Chairman, said: “Despite the challenges we faced in 2014, we were still able to sustain a profit and are delighted to be giving something additional back to our members as an acknowledgement of our appreciation for their ongoing support and trading.
“The allocation of this bonus is strongly dependent on the continued financial progress and growth of the Group as a whole and may not happen every year. We are reliant on our members continued loyalty and investment.”
Mr Machray added: “Being a part of this growing and diverse farming co-operative delivers an array of membership benefits including returns on shares, stocking agreements, member’s loan scheme, new entrant’s scheme, charitable trust, vehicle scheme and various other discounts and savings. We strive to deliver a strong and diverse co-operative and have some exciting developments on the horizon. We would encourage members to continue to support the Group for our mutual benefit in the years to come.”