British Garden Centres posts impressive results
Group turnover grew by 3.6% and profit increased by 48%.
British Garden Centres recently released its latest accounts, reporting a very solid performance for 2024. Group turnover grew by 3.6% and profit increased by 48%, despite a challenging trading year marked by difficult weather conditions.
The business has remained comfortably profitable, with tight management of wage costs clearly reflected in the numbers, but has still maintained the high level of customer service and shopping experience that the company is well known for. The gross profit margin (not including wages) increased from 49% in 2023 to 52% in 2024. Operating profit for BGC South Ltd for the year 2024 was £3.1m. The related Woodthorpe Hall Garden Centres Ltd, meanwhile, achieved an operating profit of £7.6m.
'Optimistic about continuing growth'
Amy Stubbs, managing director pf British Garden Centres, said: “We’re very pleased with last year’s results, especially given the tough weather challenges that the country experienced. Our teams have done an excellent job managing costs without compromising the service quality.
“As we look to the future, we’re optimistic about continuing growth in the business and driving efficiencies forward. A big thank you is extended to all team members whose dedication and hard work have made this performance possible and positioned the business well for the years ahead.”
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