Press Release

Press Releases 

DTL Executive members (L-R) Derrick Cotterell, Group Chairman and CEO, Monique Cotterell, Group Human Resources Director and Company Secretary and Ian Kelly, Group Chief Financial Officer at Derrimon Trading Company Limited, share the frame.
DERRIMON TRADING COMPANY LIMITED REPORTS STEADY 2023 PERFORMANCE
September 13, 2024
DERRIMON TRADING COMPANY LIMITED REPORTS STEADY 2023 PERFORMANCE GROUP OPTIMISTIC ABOUT FUTURE GROWTH   Derrimon Trading Company Limited successfully hosted its Annual General Meeting (AGM) at the Terra Nova All-Suite Hotel in Kingston on September 11, 2024. The meeting marked the end of a year that saw Derrimon continuing its upward trajectory, despite challenges posed...
SAMPARS SELF RELIANCE YOUTH DEVELOPMENT ORGANISATION CELEBRATES 30 YEARS OF SERVICE
SAMPARS SELF RELIANCE YOUTH DEVELOPMENT ORGANISATION CELEBRATES 30 YEARS OF SERVICE AWARDS J$550,000 IN SCHOLARSHIPS TO EMPOWER JAMAICAN YOUTH
September 10, 2024
SEPTEMBER 10, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE SAMPARS SELF RELIANCE YOUTH DEVELOPMENT ORGANISATION CELEBRATES 30 YEARS OF SERVICE AWARDS J$550,000 IN SCHOLARSHIPS TO EMPOWER JAMAICAN YOUTH (Kingston, Jamaica) — The Self Reliance Youth Development Organisation, in collaboration with its long-standing partner, Sampars Cash and Carry Limited (a subsidiary of Derrimon Trading Company Group), hosted...
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WOODCATS INTL COLLABORATES WITH MINISTER FLOYD GREEN TO PROVIDE ROOFING MATERIALS TO DESERVING FAMILIES AFFECTED BY HURRICANE BERYL 
August 29, 2024
AUGUST 29, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE WOODCATS INTL COLLABORATES WITH MINISTER FLOYD GREEN TO PROVIDE ROOFING MATERIALS TO DESERVING FAMILIES AFFECTED BY HURRICANE BERYL  (Kingston, Jamaica) – In the aftermath of Hurricane Beryl’s devastation, Woodcats International, a subsidiary of Derrimon Trading Company Limited (DTL), stepped forward to aid in recovery efforts by providing...
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Derrimon Trading Reports Mixed Results With Strong Retail Growth And Cost Management In H1 2024
August 16, 2024
AUGUST 16, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE Derrimon Trading Reports Mixed Results With Strong Retail Growth And Cost Management In H1 2024 (Kingston, Jamaica) Derrimon Trading Company Limited (DTL), a leader in wholesale distribution, retail, and manufacturing in Jamaica, has released its unaudited financial results for the six months ended June 30, 2024. The...
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CFF TARGETS $1 BILLION REVENUE AS EXPORT STRATEGY GAINS MOMENTUM, REPORTS 13.59% INCREASE IN GROSS PROFIT FOR FIRST HALF OF 2024
August 16, 2024
August 16, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE CFF TARGETS $1 BILLION REVENUE AS EXPORT STRATEGY GAINS MOMENTUM REPORTS 13.59% INCREASE IN GROSS PROFIT FOR FIRST HALF OF 2024 (Kingston, Jamaica) Caribbean Flavours and Fragrances Limited (CFF), a leading provider of flavours and fragrance solutions in the region, has announced its financial results for the six...
DTL provides relief to St. Elizabeth residents after Hurricane Beryl
DERRIMON TRADING COMPANY LIMITED PROVIDES CRITICAL RELIEF TO  SOUTH COAST COMMUNITIES AFFECTED BY HURRICANE BERYL
July 8, 2024
July 8, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE DERRIMON TRADING COMPANY LIMITED PROVIDES CRITICAL RELIEF TO  SOUTH COAST COMMUNITIES AFFECTED BY HURRICANE BERYL DISTRIBUTES OVER 200 CARE PACKAGES TO RESIDENTS IN ST. ELIZABETH AND CLARENDON   (Kingston, Jamaica) In response to the widespread devastation caused by Hurricane Beryl, Derrimon Trading Company Limited (DTL) has mobilized its...
Warren Cornwall - Commercial Manager reads to students at Whitfield Primary
DERRIMON TRADING GROUP DEBUTS ‘BOOKS & BREAKFAST’ INITIATIVE FOR CHILD MONTH  INTRODUCES NEW DELECT  FRANKFURTERS 
May 10, 2024
MAY 10TH, 2024 FOR IMMEDIATE RELEASE PRESS RELEASE                                                                                         DERRIMON TRADING GROUP DEBUTS ‘BOOKS & BREAKFAST’ INITIATIVE FOR CHILD MONTH  INTRODUCES NEW DELECT  FRANKFURTERS    (Kingston, Jamaica) Derrimon Trading Company Limited (DTL) kicked off its “Books and Breakfast” series as part of Child Month and Read Across Jamaica Day celebrations, introducing its newest product from...
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DERRIMON TRADING COMPANY LIMITED ELEVATES TVJ’s SCHOOL'S CHALLENGE QUIZ PRIZES WITH SHARES AND FINANCIAL LITERACY WORKSHOPS
April 5, 2024
April 5, 2024 Press Release FOR IMMEDIATE RELEASE DERRIMON TRADING COMPANY LIMITED ELEVATES TVJ’s SCHOOL’S CHALLENGE QUIZ PRIZES WITH SHARES AND FINANCIAL LITERACY WORKSHOPS 210,000 DTL SHARES ISSUED TO SCQ 1st & 2nd PLACE WINNERS (Kingston, Jamaica) Derrimon Trading Company Limited, in collaboration with their Delect Foods Brand, has made history in the 55th season of TVJ’s Schools’...
(L-R) Kevin Downswell, Gospel Artiste and event guest performer, poses with Derrimon’s Derrick Cotterell, CEO and Chairman, Monique Cotterell, Group Human Resources Director and Company Secretary and Ian Kelly, Group Chief Financial Officer.
DERRIMON TRADING COMPANY LIMITED CELEBRATES LONG-SERVING EMPLOYEES WITH PRESTIGIOUS SERVICE AWARDS
February 20, 2024
FEBRUARY 20, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE   DERRIMON TRADING COMPANY LIMITED CELEBRATES LONG-SERVING EMPLOYEES WITH PRESTIGIOUS SERVICE AWARDS (Kingston, Jamaica) In an effort to recognise and honour the dedication and commitment of its long-serving employees, as part of their 25th Anniversary celebrations, Derrimon Trading Company Limited (DTL) hosted its Long Service Awards on...
Team  Derrimon at Sigma Run 2024
125 DERRIMON TEAM MEMBERS PARTICIPATE IN SIGMA ‘HONOUR’ RUN
February 20, 2024
125 DERRIMON TEAM MEMBERS PARTICIPATE IN SIGMA ‘HONOUR’ RUN Derrimon Trading Company Limited Supports The Annual Sagicor Sigma ‘Honour’ Run Derrimon Trading Company Limited (DTL) demonstrated its support of the annual Sagicor Sigma ‘Honour’ Run by participating in the 2024 staging of the transformative event. Held on Sunday, February 18, the 5K Run brought together...
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DERRIMON SECURES LANDMARK FINANCING PARTNERSHIP OF UP TO US$13M WITH IDB INVEST
February 5, 2024
February 5, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE DERRIMON SECURES LANDMARK FINANCING PARTNERSHIP OF UP TO US$13M WITH IDB INVEST PROCEEDS TO SUPPORT CAPITAL AND CAPACITY BUILDING, REUSABLE GREEN ENERGY AND THE MODERNIZATION AND ENHANCED EFFICIENCY OF COMPANY’S WAREHOUSE AND DISTRIBUTION CHANNELS.   (Kingston, Jamaica) Derrimon Trading Company Limited (DTL), a leading distributor of consumer...
Pastor Al Miller (second right), Head Minister, Fellowship Tabernacle, shares in the 25th anniversary celebrations with Derrimon’s Derrick Cotterell (far left), Chairman and CEO, Monique Cotterell (second left), Human Resource Director and Company Secretary,  and Ian Kelly, Group Chief Financial Officer.
DERRIMON TRADING COMPANY LIMITED GIVES THANKS FOR 25 YEARS, KICKSTARTING ITS YEAR-LONG CELEBRATIONS WITH CHURCH SERVICE
January 22, 2025
JANUARY 22, 2024 PRESS RELEASE FOR IMMEDIATE RELEASE DERRIMON TRADING COMPANY LIMITED GIVES THANKS FOR 25 YEARS, KICKSTARTING ITS YEAR-LONG CELEBRATIONS WITH CHURCH SERVICE (Kingston, Jamaica) Derrimon Trading Company Limited (DTL) hosted its 25th anniversary church service on Sunday, January 21, 2024, at Fellowship Tabernacle. The church service marked the beginning of a year-long commemoration....
Derrick Cotterell, CEO and Chairman Derrimon Trading Company Ltd
DERRIMON TRADING COMPANY LIMITED REPORTS INCREASED REVENUES AND GROSS PROFITS OF $3.2BN FOR Q3 REPORTING PERIOD
November 17, 2023
NOVEMBER 17, 2023 FOR IMMEDIATE RELEASE PRESS RELEASE DERRIMON TRADING COMPANY LIMITED REPORTS INCREASED REVENUES AND GROSS PROFITS OF $3.2BN FOR Q3 REPORTING PERIOD (Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or “the Group”) announced its financial performance for the nine months ended September 30, 2023. The Group achieved revenues of $14.09 billion marking an...
CFF Chairman, Howard Mitchell
CARIBBEAN FLAVOURS AND FRAGRANCES LIMITED ACHIEVES RECORD-BREAKING Q3 2023 PERFORMANCE
November 16, 2023
NOVEMBER 16, 2023 PRESS RELEASE FOR IMMEDIATE RELEASE CARIBBEAN FLAVOURS AND FRAGRANCES LIMITED ACHIEVES RECORD-BREAKING Q3 2023 PERFORMANCE REPORTS HIGHEST-EVER QUARTERLY REVENUE AND ROBUST FINANCIAL GROWTH   (Kingston, Jamaica) Caribbean Flavours and Fragrances Limited (“CFF” or “the company”), a subsidiary under the Derrimon Trading Company Limited, delivered strong results for the third quarter ending September...
Janice Lee (M), General Manager of CFF, and Anand James (R), Managing Director, CFF, share a light hearted moment with Claude Smith,  Baking Manager at Jamaica Biscuit Company and Guest Speaker, following a successful close to the CFF Ingredients Seminar.
CARIBBEAN FLAVOURS AND FRAGRANCES HITS THE JAMAICAN BAKING INDUSTRY WITH A GAME-CHANGER
September 21, 2023
September 21, 2023 Press Release For Immediate Release CARIBBEAN FLAVOURS AND FRAGRANCES HITS THE JAMAICAN BAKING INDUSTRY WITH A GAME-CHANGER INGREDIENTS PORTFOLIO TO AID SMALL BUSINESS OPERATORS WITH SUSTAINING SHELF LIFE, QUALITY OF PRODUCTS (Kingston, Jamaica) Caribbean Flavours and Fragrances Limited (CFF), a company under the Derrimon Trading Group, on Wednesday, September 20, 2023, held...
Derrick Cottrell, CEO and Chairman, Derrimon Trading Company Limited, calls the 2023 Annual General Meeting to order at the Terra Nova All-Suite Hotel.
DERRIMON TRADING GROUP 2022’s LARGEST COMPANY ON THE JUNIOR MARKET OF THE JAMAICA STOCK EXCHANGE
September 19, 2023
SEPTEMBER 19, 2023 PRESS RELEASE FOR IMMEDIATE RELEASE DERRIMON TRADING GROUP 2022’s LARGEST COMPANY ON THE JUNIOR MARKET OF THE JAMAICA STOCK EXCHANGE COMPANY REPORTS A 33.57% INCREASE IN TOTAL ASSETS OVER THE DECEMBER 2021 PERIOD   (Kingston, Jamaica) The Derrimon Trading Group (“DTL” or the “company”), a Jamaican-owned conglomerate spanning multiple subsidiaries including distribution,...
Ian Kelly (L), Group Chief Financial Officer, Derrimon Trading Limited, and Derrick Cottrell (R), Group CEO and Chairman, Derrimon Trading Limited, discuss the 2022 Caribbean Flavours and Fragrances financial highlights with shareholder, Kathleen Leslie.
CARIBBEAN FLAVOURS AND FRAGRANCES SET SIGHTS ON EXPANDING GLOBAL FOOTPRINT AND PRODUCT PORTFOLIOS
September 19, 2023
SEPTEMBER 19, 2023   FOR IMMEDIATE RELEASE PRESS RELEASE   CARIBBEAN FLAVOURS AND FRAGRANCES SET SIGHTS ON EXPANDING GLOBAL FOOTPRINT AND PRODUCT PORTFOLIOS COMPANY REPORTS 21.09% INCREASE IN REVENUE GROWTH OVER THE DECEMBER 2022 PERIOD   (Kingston, Jamaica)  Caribbean Flavours and Fragrances Limited (“CFF” or the “company”), a premier supplier of quality flavours and fragrances...
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CARIBBEAN FLAVOURS AND FRAGRANCES LIMITED (CFF) REPORTS STRONG FINANCIAL RESULTS FOR SECOND QUARTER ENDING JUNE 2023
August 16, 2023
August 16, 2023 FOR IMMEDIATE RELEASE PRESS RELEASE   CARIBBEAN FLAVOURS AND FRAGRANCES LIMITED (CFF) REPORTS STRONG FINANCIAL RESULTS FOR SECOND QUARTER ENDING JUNE 2023 REVENUE SURPASSES $200 MILLION MARK FOR CONSECUTIVE QUARTERS, GROSS PROFIT MARGIN IMPROVES, AND NET PROFIT SEES SIGNIFICANT GROWTH   KINGSTON, Jamaica –  Caribbean Flavours and Fragrances Limited (CFF), a leading player in...
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DERRIMON TRADING COMPANY LIMITED ANNOUNCES RECORD REVENUES OF J$9.5 BILLION IN SIX MONTHS CONSOLIDATED FINANCIAL RESULTS
August 16, 2023
August 16, 2023 FOR IMMEDIATE RELEASE PRESS RELEASE DERRIMON TRADING COMPANY LIMITED ANNOUNCES RECORD REVENUES OF J$9.5 BILLION IN SIX MONTHS CONSOLIDATED FINANCIAL RESULTS   (KINGSTON, Jamaica) Derrimon Trading Company Limited (DTL) is proud to announce its financial performance for the six months ended June 30, 2023. The Group reported record-breaking revenues of J$9.5 billion,...
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Breaking Barriers: The Triumphs of a Hearing-Impaired Jamaican Athlete in Special Olympics Football
“Breaking Barriers: The Triumphs of a Hearing-Impaired Jamaican Athlete in Special Olympics Football” In a heartwarming triumph of dedication and perseverance, Tavarie Spencer, a hardworking and talented individual hailing from the August Town community, has been selected to represent Jamaica on their Special Olympics Football team for the first time in Germany. Despite facing impairments,...
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DERRIMON TRADING COMPANY LIMITED REPORTS INCREASED REVENUES AND GROSS PROFITS OF $3.2BN FOR Q3 REPORTING PERIOD
(Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or “the Group”) announce its financial performance for the nine months ended September 30, 2023. The Group achieved revenues of $14.09 billion marking an increase from $13.81 billion reported for the corresponding nine (9) month period in 2022. Additionally, the Group reported gross profit of $3.20 billion which...
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DERRIMON TRADING COMPANY LIMITED (DTL) SUCCESSFULLY RESTORES 98% OF SYSTEMS POST-RANSOMWARE INCIDENT
September 12, 2023
DTL BOLSTERS DATA PROTECTION MEASURES IN RESPONSE TO RECENT CYBERSECURITY CHALLENGE (Kingston, Jamaica) In a proactive response to a network breach detected on August 28th, 2023, Derrimon Trading Company Limited (DTL) was able to restore its IT systems within 48 hours. DTL’s dedicated cybersecurity team, in collaboration with external experts, swiftly contained and investigated the...
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AROSA LIMITED NAMED FIRST TIME GOLD SPONSOR OF JAMAICA BACKGAMMON TOURNAMENT
May 18, 2023
(Kingston, Jamaica) Arosa Limited, part of the Derrimon Trading Group, is one of Jamaica’s well-known  processors of the high-quality meats, purveyor of fine wines, cheeses and breads. This year, they will  continue their support of the Jamaica Inn Foundation’s annual Backgammon Tournament which is now  in its 6th year.   The tournament was established to aid...
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DERRIMON GROUP DEBUTS AT JMEA EXPO JAMAICA 2023 WITH AN EXPANDED RANGE OF PRODUCTS AND INNOVATION
May 2, 2023
PALLET MANUFACTURER, WOODCATS INTERNATIONAL COPS 2ND PLACE FOR BEST ENVIRONMENTALLY FRIENDLY EXHIBIT   (Kingston, Jamaica) The Derrimon Trading Group (DTL), a Jamaican-owned conglomerate spanning multiple subsidiaries that includes distribution, manufacturing, wholesale and retail outlets, made its debut as an exhibitor at the 2023 staging of the Caribbean’s largest trade show, Expo Jamaica. Hosted by the...
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DTL REPORTS J$726.046 MILLION or 30.65% IN RECORD NET PROFITS AND GENERATES J$4.639 BILLION OR 36.09% IN GROSS PROFITS FOR FYE 2022
March 2, 2023
DTL REPORTS J$726.046 MILLION or 30.65% IN RECORD NET PROFITS AND GENERATES J$4.639 BILLION OR 36.09% IN GROSS PROFITS FOR FYE 2022   CONSISTENT GROWTH THROUGH DIVERSIFICATION AND EXPANSION (Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or the “Company”), reported having consistent growth through diversification and expansion for the year ended December 31, 2022 (FYE...
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DERRIMON AND DOLLA FINANCIAL PARTNER WITH BRIDGE 99 FM TO “MAKE A CHILD SMILE” AT THE MAXFIELD PARK CHILDREN’S HOME
December 19, 2022
DERRIMON AND DOLLA FINANCIAL PARTNER WITH BRIDGE 99 FM TO “MAKE A CHILD SMILE” AT THE MAXFIELD PARK CHILDREN’S HOME   PARTNERS COME TOGETHER TO PROVIDE CHRISTMAS TREAT AND 250 MEALS FOR THE CHILDREN AND STAFF AT THE MAXFIELD PARK CHILDREN’S HOME (Kingston, Jamaica) On Thursday, December 15, 2022, Derrimon Trading Limited (DTL) and Dolla...
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DERRIMON TRADING GROUP RINGS IN THE CHRISTMAS CHEER FOR THE STUDENTS OF THE END TIME BASIC SCHOOL
December 12, 2022
DERRIMON TRADING GROUP RINGS IN THE CHRISTMAS CHEER FOR THE STUDENTS OF THE END TIME BASIC SCHOOL (Kingston, Jamaica) Caribbean Flavours and Fragrances Ltd in collaboration with Spicy Hill Farms, Woodcats International companies under The Derrimon Trading Company, brought the Christmas cheer to the children of the End Time Basic School, an early childhood institution...
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DERRIMON TRADING REPORTS STRONG GROUP RESULTS WITH REVENUE OF J$13.81 BILLION FOR 9 MONTHS ENDED SEPTEMBER 30 2022
November 15, 2022
DERRIMON TRADING REPORTS STRONG GROUP RESULTS WITH REVENUE OF J$13.81 BILLION FOR 9 MONTHS ENDED SEPTEMBER 30 2022   CARIBBEAN FLAVOURS & FRAGRANCES AND WOODCATS INTERNATIONAL ACHIEVE RECORD BREAKING QUARTERLY PERFORMANCE, AND NEW PRODUCTS LAUNCHED UNDER THE DELECT BRAND (Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or the “Company”), reported having strong results across the...
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SAMPARS SELF RELIANCE YOUTH DEVELOPMENT ORGANISATION PROVIDES HOPE FOR THE FUTURE FOR YOUNG JAMAICANS
September 6, 2022
SAMPARS SELF RELIANCE YOUTH DEVELOPMENT ORGANISATION PROVIDES HOPE FOR THE FUTURE FOR YOUNG JAMAICANS (Kingston, Jamaica) Self Reliance Youth Development Organisation, along with their primary sponsors Sampars Cash & Carry Limited (a company under the Derrimon Trading Company Group) recently held their annual awards ceremony. The organisation was founded on the importance of education and...
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ST. GEORGE’S COLLEGE REIGN CHAMPIONS OF REFRESH ST. GEORGE’S CUP FINALS
August 10, 2022
ST. GEORGE’S COLLEGE REIGN CHAMPIONS OF REFRESH ST. GEORGE’S CUP FINALS   (Kingston, Jamaica) St. George’s College returned as champions at the 10th staging of The Refresh St. George’s Cup which was held at Winchester Park on Sunday August 7th where St. George’s College emerged as the winners in total point standings at the end...
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DERRIMON TRADING ADDING A TOUCH OF BEAUTY TO THE CENTRAL BRANCH ALL-AGE SCHOOL
June 1, 2022
DERRIMON TRADING ADDING A TOUCH OF BEAUTY TO THE CENTRAL BRANCH ALL-AGE SCHOOL   (Kingston, Jamaica) The Derrimon Trading Company Limited marked Labour Day with the execution of their beautification project at the Central Branch All-Age School located on Slipe Pen Road. Spearheaded by the team at Woodcats International Ltd – a subsidiary of the...
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Derrimon Trading Reports Consistent Growth Through Innovation And Diversification With A 39% Increase In Revenue Of J$4.967 Billion
May 25, 2022
STRATEGIC ENTRY INTO US MARKET HELPS TO CUSHION IMPACT FROM COVID-19 PANDEMIC   (Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or the “Company”), reported having consistent growth for the year ended December 31, 2021, despite some of the negative economic challenges and the lingering effects of the Covid-19 pandemic affecting overall logistics and supply chain...
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DERRIMON TRADING GROUP REPORTS A STABLE 1ST QUARTER EARNING OF J$4.24 BILLION
May 17, 2022
DERRIMON TRADING GROUP REPORTS A STABLE 1ST QUARTER EARNING OF J$4.24 BILLION   ACCELERATION OF PROGRESS FOR OPENING OF SELECT GROCER’S CLARENDON FOR SUMMER 2022 (Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or the “Company”), reported having stable results for the three (3) months ended March 31, 2022. The quarter saw the successful completion of...
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Derrimon Trading Acquires 100% Stake In Arosa Ltd
April 6, 2022
(Kingston, Jamaica) The management of one of Jamaica’s most reputable meat processors, Arosa Limited, has changed hands following Derrimon Trading’s acquisition of the company. The acquisition was made official during a recent signing at the Derrimon Trading Head Office on Marcus Garvey Drive, between the key stakeholders of both companies, will have Derrimon Trading acquiring full ownership of the manufacturing and meat processing company.
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Derrimon Trading Company Expands Export Portfolio With 100% Acquisition Of Spicy Hill Farms
January 20, 2022
(Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or the “Company”), a major distributor of consumer goods and a publicly listed company on the Jamaica Stock Exchange, has acquired 100% ownership of Spicy Hill Farms brand effective January 10, 2022. This was announced by the company in a statement to the Jamaica Stock Exchange published on...
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Derrimon Trading Remains Resilient With An Outstanding 9 Months Performance 26.80% Increase In Revenue Totalling J $12.196 Billion
November 25, 2021
(Kingston, Jamaica) Derrimon Trading Company Limited (“DTL” or the “Company”), a leading distributor of consumer goods and publicly traded company on the Jamaica Stock Exchange reported having a successful third quarter (Q3) for the 9 months ended September 30, 2021 (Q3 2021), after reporting a Q3 record for revenues, net profits, and gross profits. The...