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The Range sees operating profit rocket by 27%

Published: 17 May 2013
South West retailer The Range saw turnover shoot up by 20% to £296.7m for the 52 weeks ending January 29, 2013.
The Range sees operating profit rocket by 27%
Operating profit also bucked the recession trend, increasing by just over 27% to reach £26.2m. Gross profit, meanwhile, grew by 25% to £130m, while pre-tax profit also pulled in a triumphant increase of 28%, resulting in a balance of just under £26m.

The windfall has meant managing director Chris Dawson climbed 77 spaces in the Sunday Times Rich List, his £585m fortune making him the 153rd richest person in the country and the seventh richest person in the South West.

· For more details, see the May 17 issue of DIY Week

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