Essential reading for retailers and suppliers in the home improvement market

NWF's six garden centres generate 38% sales rise

Published: 14 August 2007
The NWF Group has reported turnover up 38% to £21.5 million in its preliminary results announced today.
NWF's six garden centres generate 38% sales rise
Turnover rose six million (2006: £15.6 million) while operating profits were up 130% to £0.7 million (2006: £0.3 million) from its six destination sites.

Like-for-like, the four more established garden centres - Rivendell, Wheatcroft, Dukeries, and Victoria - enjoyed a 10% uplift on sales compared to 2006.

NWF said this would have been higher but for the disappointing weather in May.

After having a full trading year, Woodford Park added £6.1 million further turnover while the recently opened Ashton Park - completed as a green field new build in March 2007 - added a further £0.5 million in sales.

Average margins improved on a year-on-year basis with several new concessions introduced at various sites.

NWF foresees the group enjoying the benefits of 'six large units with new buying and operations management while improving its offer and margins'.

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark
*

Latest reader comments

re: Carl Kammerling Fusion 2021 Trade Promotion – Filled with exciting new deals!

MIKE
GOOD AFTERNOON,WE USED TO DEAL WITH YOUR COMPANY MANY YEARS AGO, BUYING LARGE STOCKS OF DELETED AND RETURNS ITEMS.IF YOU HAVE ANY CLEARANCE ...

re: Toolbank

Bilal Ali
Hi Trust you are doing great. My name is Bilal Ali. I am the owner of Azaan International Ltd, a company specialized in products. We are ...

re: Woolworths staff reunited by new website

John Zullo
Hi I'm trying to find Lisa assistant manager of woolworths in the metro centre 1999 I only now her by her 1st and middle name Lisa Marie ...

re: Planning application submitted for new Homebase store in Abingdon

Gel
They closed their store last year!http://www.oxfordmail.co.uk/news/17570442.homebase-abingdon-starts-closing-sale/...

re: Latest update on Green Homes Grant and implications for homeowners and landlords

John Hart
After applying for a green homes how long will it take for a decision? thanks...

Most read stories