News | Interim results

Back

Pets at Home had a strong first half

Pets at home increases its sales

The leading British pet retail chain Pets at Home has announced market share gains across all segments in the first half of its financial year 2020.

The leading British pet retail chain Pets at Home has announced market share gains across all segments in the first half of its financial year 2020. The company increased its total sales by 9.4 per cent to 546.3 mio GBP. Compared to the same period in 2019, the retail business grew by 8.1 per cent to 479.8 mio GBP, whereas sales by the veterinary group rose to 66.5 mio GBP. Pre-tax profits increased by 18.9 per cent to 45 mio GBP, compared to the same period in 2019.
 
"All this provides a strong foundation, meaning we have much to look forward to in FY20 and beyond, and we now expect to return to profit growth a year ahead of our original plan. In the meantime, we will remain focused on serving our customers, their pets and our partners better than ever before," said Peter Pritchard, group chief executive officer of Pets at Home.
 
The retailer wants to open up to five pet stores, grooming salons and veterinary practices in the second half of the financial year.




|28 November 2019 | 12:15

SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

No Interzoo this year

Interzoo will not take place this year. The news was announced by Nürnbergmesse and the Wirtschaftsgemeinschaft Zoologischer Fachbetriebe (WZF) in a View news...

Growing pet food segment in times of Corona?

In its recently published U.S. Pet Market Outlook 2020-2021, the market research company Packaged Facts forecasts a 17 per cent decline in total U.S. View news...

Nestlé Purina acquires Lily’s Kitchen

Nestlé Purina Petcare has acquired natural pet food brand Lily's Kitchen, the UK's leading producer of premium wet and dry natural foods for dogs and View news...

United Petfood takes over Iams plant

United Petfood has taken over the production site of Iams Europe in Coevorden from Spectrum Brands. The products of the Iams and Eukanuba brands are View news...

PET worldwide | Service

PET worldwide Corona special

The Corona crisis and the Pet industry

All news, reports and information from the PET worldwide editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

Best Newcomer Award

Best Newcomer Award

Who is the Best Newcomer 2020 in the pet product business?

Register now

International Pet Conference

ALPHA LEADERS AND HIDDEN CHAMPIONS


 Register now - save 300 €

PET retailers from D, A, CH

Update now!


PET Handel
The unique work on the German retail pet shops. Essential information for successful marketing, sales and field service activities. Loose-leaf collection incl. folders and database CD.
Order now

Newsletter

Get the latest news about the PET industry weekly per email.

Just register