Sales rising for Pets at Home
Pets and veterinary services group Pets at Home has seen revenue rise six per cent to £404.5 million for the 28 weeks to October 8.
There was also like-for-like sales growth of 1.8 per cent and merchandise revenue was up 4.1 per cent to £362.6m.
Services revenue was up 26.2 per cent to £41.9m, with fee income from joint venture veterinary practices up 20.7 per cent to £18.4m and good performance from NorthWest Surgeons, the recently acquired specialist referral hospital.
The group, which has sites in Cannock, Kidderminster, Merry Hill, Oldbury, Stafford, Walsall and Wolverhampton, opened six new Pets at Home superstores in the period and is on track to deliver 20 to 25 Pets at Home stores, five Barkers, 50 to 55 vet practices and 55 to 60 grooming salons in the current financial year,
Chief executive Nick Wood said: "We remain pleased with the growth of Advanced Nutrition, vet and grooming services during the first half of the financial year, supported by growing maturity in the VIP loyalty scheme."
The group now has 408 stores and 353 vets practices.
