Van Hage reports increased turnover but cautious outlook

Van Hage & Company, which has three garden centres, increased turnover and profit in the year to 31 July 2016.

Van Hage garden centre
Van Hage garden centre

Turnover increased from £19.13m to £19.44m while operating profit rose to £746,000 compared to £532,000 from the previous year.

Newly released results from Hertfordshire-based Van Hage show the 1.6% increase in turnover and 0.61% in gross profit margin to 44.65%.

Director Chris Roberts said principal risks were climate change and global warming, which can be managed through product diversity.

Roberts also cited increased competition from multiple retailers "who are targeting certain areas of the company's product base", which Van Hage believes can be resisted.

Increased use of the internet provided "both a threat to traditional sales and an opportunity for the company to develop its own sales in those areas", he said.

Van Hage's owners said they expect activity to remain consistent with 2015/16 because of "uncertainty in the market from the macro-economy slowing growth plans".

Meanwhile, pots company Elho has opened its second ambassador store, at Van Hage's main Great Amwell store, complete with point of sale, planted up pots and lifestyle imagery.  


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

Garden industry pursuing online sales growth

Garden industry pursuing online sales growth

How much will online plants sales be worth after Dobbies links with Ocado and other players enter the market?

Is there a "right" amount of catering for a garden centre?

Is there a "right" amount of catering for a garden centre?

Most garden centres would agree that investment in catering is a must in today's market. But how much? As the figures from a selection of leading players below illustrate, expectations vary significantly.

What is the next step for garden centre catering?

What is the next step for garden centre catering?

It is no longer enough for garden centres to simply offer a catering service - the standards of catering are at an all-time high and now retailers need to have a wow-factor to stand out.


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

Horticulture Week Top 100 GARDEN CENTRES

Our exclusive ranking of garden centre performance by annual turnover. 

Garden Centre Prices

Neville Stein

Business advice from Neville Stein, MD of business consultancy Ovation
 

Read latest articles