Parkwood plant sales down 'due to recession'

Parkwood Holdings, which owns Glendale Horticulture, has been hit by a recession-led slump in amenity plant sales, according to founder Tony Hewitt.

Glendale is £55m-turnover company and part of Parkwood, which has an annual turnover of £120m. The lack of building has had a knock-on effect, according to Hewitt: "It is going to be an interesting winter to see what happens in amenity sales.

"October sales have not been what we expected. We rang round the other top amenity suppliers and they were all struggling.

"It's down to the recession — on the landscaping and amenity side there is not the building work. Garden centres are doing all right but not amenity. Cash and carries are not good either. Something will have to happen in the nursery sector. There will be quite a lot of restructuring this winter."

Hewitt added that other areas of Parkwood are prospering: "Councils say they are hard up but they are still spending. Our grounds maintenance business is doing fine. We're cutting back, as most companies are, but we'll be here to play the game next year."

He said Parkwood's management of 75 leisure centres was "doing very well".

Nicole Mirza is new general manager at Parkwood-owned Civic Trees, which is moving from Tring to Watford. Hewitt said tree planting this season started late but is now progressing well. Meanwhile, a Glendale consultancy business is mooted for Tring. A new general manager, Matthew Lawson, has also been appointed at the now wholly owned Verdia Horticulture recycling business in Devon.

Hewitt said: "We're not a static organisation, by a long way."

Looking ahead, he added: "We're looking at the golf market with more renewed interest at the moment - there are plenty of golf courses for sale."


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

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

Phygelius

Phygelius

Masses of colourful tubular flowers can give these plants a substantial presence in the border, says Miranda Kimberley.

Tomorrow's tractors

Tomorrow's tractors

These machines have advanced rapidly over recent years but what does the future hold? Sally Drury looks ahead.

Climbing roses

Climbing roses

Walls, trellises, pergolas and even trees can all be brightened up by these beautiful blooms, writes Miranda Kimberley.


Opinion... Shining a light on trading with Europe

Opinion... Shining a light on trading with Europe

Accurate figures are notoriously difficult to get at, but without doubt the UK imports a great deal of its ornamental plant requirement.

Opinion... Unbeatable delight of quality plants

Opinion... Unbeatable delight of quality plants

Viewing top-quality plants, both growing and on sale, always gives me pleasure.

Editorial ... More analysis and insight from bumper HW issue

Editorial ... More analysis and insight from bumper HW issue

Welcome to this bumper 72-page July edition of Horticulture Week magazine, packed with exclusive analysis, insight and expert advice on the biggest issues impacting all sectors of the UK horticulture industry right now.


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

Tim Edwards

Boningales Nursery chairman Tim Edwards on the business of ornamentals production
 

Read Tim Edwards

Ornamentals ranking

Top 30 Ornamentals Nurseries by Turnover 2017

Top 30 Ornamentals Nurseries by Turnover 2017

Tough retail pricing policies and Brexit opportunities drive the top 30 growth strategies.

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

Are you a landscape supplier?

Horticulture Week Landscape Project Leads

If so, you should be receiving our new service for Horticulture Week subscribers delivering landscape project leads from live, approved, planning applications across the UK.

Peter Seabrook

Inspiration and insight from travels around the horticultural world
 

Read more Peter Seabrook articles