Member Article

Wilmslow’s Pets at Home announce total revenue growth of 9.6% to £729.1m

In its first year as a publically listed company Wilmslow-based Pets at Home have announced a total revenue growth of 9.6% to £729.1m

It has seen a total of 25 stores opened during the year bringing the total number of stores to 400.

The company has also opened 61 vet practices during the year (32 of which were retrofits) bringing its total number of practices to 338.

Pets at Home also acquired Northwest Surgeons based in Cheshire, and plan to allow this specialist referral clinic to operate as a stand-alone business.

Last week the company also announced a five-year £260m revolving credit facility.

Chief Executive Officer, Nick Wood, said: “We are delighted to be delivering on expectations in our first year as a publicly listed company.

“We have seen strength across both merchandise and services, demonstrating the broad range of levers through which we will successfully deliver further profitable business growth.”

This was posted in Bdaily's Members' News section by Sophia Taha .