Primrose sees growth

Online garden centre Primrose has seen turnover rise to £40m in recently published results.

Ian Charles
Ian Charles

Meika Ltd, which trades as Primrose, issued results for the year to 31 October 2015, with sales up 20 per cent to £40.43m from £33.54m.

Director Ian Charles said: "Turnover continues to increase, growing by 20.5 per cent during the year further consolidating our postion as the UK's number one garden specialist. Despite continued investment in growth, the company made a positive EBITDA as it has done every year since incorporation.

"Our balance sheet remains strong, with net assets strong at £5.4m. We continue to proritise first-class product availability, customer service and speed of delivery."

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