Company results reveal sales increase for Hillier

Hillier Nurseries has announced its results for the year to 31 August 2015, with an increase of 4.45 per cent in sales to £28.391m from £27.180m. Overall profit after tax was £967,580 - down from £3.495m in 2014. Operating profit was £1.339m - down from £1.421m.

The business operates through three trading divisions - 12 garden centres, wholesale nursery and amenity trees - and won the Garden Retail & Garden Industry Award for multiple garden centre retailer of the year this month.

Secretary Michael Perrett said: "This year the company has benefitted from the results of the first phase of an investment project to refurbish and upgrade all of our garden centres. By the end of August 2015 we had completed the refurbishment of nine of our centres, which has already resulted in significant increases in sales and profitability."

Sales in the amenity division fell after the London Olympics project ended at the beginning of 2015. Hillier said it will continue with plans to use technology to help streamline business operations and improve competitiveness.

Perrett added: "The company has continued to benefit from the UK market, where gardening and horticulture are an important leisure activity. This is a key risk going forward should this change. However, the company is renowned for the quality and variety of its products and believes it can maintain and grow its market share going forward."

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Read These Next

Pots and containers

Pots and containers

Superior propagation products can justify extra expenditure by providing precise cell fill, optimum root development and healthy plugs, writes Sally Drury.

Business Planning - Inflationary pressures

Business Planning - Inflationary pressures

How can horticulture businesses respond to Brexit-fuelled inflation? Neville Stein outlines the options.

Garden centre profile: Mappleborough Green Garden Centre

Garden centre profile: Mappleborough Green Garden Centre

Phase two of the redevelopment of the former Badger Nurseries has delivered rapid and impressive results, Matthew Appleby discovers.

Follow us on:
  • Facebook
  • LinkedIn
  • Twitter
  • Google +
Horticulture Jobs
More Horticulture Jobs

Garden retail Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. NEW: 2016 listing just published

Garden Centre Prices

GARDEN CENTRE PRICES w/e 21 September 2016
GARDEN CENTRE PRICES w/e 24 August 2016

Pest & Disease Tracker bulletin 

The latest pest and disease alerts, how to treat them, plus EAMU updates, sent direct to your inbox.

Sign up here