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."

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