A solid contribution from its vet practices and openings has helped Pets at Home post a significant jump in sales for the year to 30 March.

Pets at Home's store on the Westgate Retail Park in Wakefield. Image: Betty Longbottom, CC BY-SA 2.0, https://commons.wikimedia.org/w/index.php?curid=13934997
Pets at Home’s store on the Westgate Retail Park in Wakefield. Image: Betty Longbottom, CC BY-SA 2.0.

The UK’s largest pet supplies retailer shows group revenue up 7.2% from the comparable period a year ago to £834.2 million, with like-for-like sales up 1.5% and total income from the joint venture vet practices up 24.6% to £47.1 million.

Profits up

Statutory pre-tax profit was up 5.8% to £95.4 million, while profit before tax and exceptional items related to acquisitions and disposals edged up 1.1% to £96.4 million. Merchandise like-for-like sales were up 0.8%, while sales in services grew 7.9%.

The company delivered on its roll-out targets for the year, opening 15 superstores, 50 vet practices and 50 grooming salons.

As reported by the ShareCast News Stock Market service, Pets at Home chief executive officer Ian Kellett said: “We are confident this is the right path for success and will give us a strong platform for sustainable future growth.”

View your activity >

Leave a Reply

Be the First to Comment!

Notify of
avatar

wpDiscuz

related content

VetShare is hosting a recruitment and retention CPD day after a survey among practices identified finding and retaining good staff was a common concern.

3 mins

In support of VPMA and SPVS' regional CPD programme, Royal Canin has announced sessions on "future proofing your business", "front of house" and "being a fair boss".

4 mins

Scientists recommend new programmes to identify the degree of antimicrobial resistance in UK food at retail level.

5 mins

Vicki Adams discusses the methods of and responses to a canine reproduction questionnaire completed by 411 vets.

26 mins

David Rendle advises on various marketing and financial benefits regarding responsible anthelmintic use in equine practice, to ensure it is a worthwhile venture.

19 mins

Pet insurance company Petplan and specialist pet retailer Pets at Home have announced a new insurance partnership.

3 mins