Gardners turnover up nearly 10%

Posted by Together Magazine  ·  Be the first to comment

This article was published in Together Magazine

Gardners annual results to the year ending 28th February 2014, filed on Companies House in October, revealed that turnover was up by 9.7% to £208.9m, up from £190.4m the year before.

The Eastbourne-based company’s gross profit also increased by 3.2% to £32.8m, but its operating profit was down by 12.3% to £5.2m, which the company attributed to “increased distribution costs associated with the increasing proportion of small parcels now being sent and some one-off costs associated with developing international operations.”

Gardners, which owns online consumer website Hive, has also invested in e-book technologies, infrastructure, equipment and technology in the last year. The company’s average number of employees was 699, up 33 on the previous year.

16th March

March 16th, 2015 - Posted & Written by Together Magazine

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