Dobbies reports strong full year sales growth
Dobbies Garden Centres Group saw its total sales rise by 51% to £252 million in the 53 weeks to 1 March 2020.
On a like-for-like basis, sales grew by 6%.
The group also increased its underlying EBITDA which climbed by 39% to £25 million.
Dobbies chairman Andrew Bracey said: “We have a clear strategy for growth at Dobbies and we are encouraged by the progress made during FY19/20. The business has continued to demonstrate its resilience as we navigate the challenges of Covid-19.”
During the period, the group acquired 31 new stores. It now has 69 garden centres nationwide, the largest of which is in Morpeth at 18,973 square metres.
Dobbies chief executive Graeme Jenkins said: “During FY19/20 Dobbies delivered a robust performance through a period of significant change. I would like to thank all of our team members for their support and commitment. In line with our strategy, we are continuing to grow and invest in Dobbies. This includes in our garden centre network, our customer offer and our team.”
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