Essential reading for retailers and suppliers in the home improvement market

Dobbies reveals pre-tax profit of £14.5m

Published: 21 November 2016 - Jenny Wonnacott

Dobbies Garden Centre has revealed that its pre-tax profits for the year to February 2016 - its final set of full accounts before its sale by Tesco to private investors in the summer - reached £14.5m.

Dobbies managed to scoop back a slice of profits following its catastrophic 2015 losses
Dobbies managed to scoop back a slice of profits following its catastrophic 2015 losses

Tesco sold Dobbies to Midlothian Capital Partners and Hattington Capital for £217m in August this year, after narrowing beating rival bidder Wyevale Garden Centres. Sales for the 52 weeks ending February 28 were £153.7m, up from £152.9m.

It follows the previous year's profit loss of £48.4m, putting it £41m in the red. This loss was put down to a £54.4m impairment on its assets.

Comments


(Your email address will not be published)
Already Registered?
Sign In
Not Yet Registered?
Register
Printable View E-mail Bookmark

What do you think?


What's the biggest trend you've seen in tiling this year?





Latest reader comments

re: UPDATE: Scotts to sell Solus brands

Lionel Pritchard
Is it possible to purchase a new cover for a Camelot Regency Round Gazebo 3.5 m MochaMany ThanksLionel...

re: Rustins wood filler is a hole lot better!

Marie
I applied rustins wood filler to an interior door jam 24 hours ago and it's still no dry??...

re: Tommy Walsh: 'I'm really proud of my £1 tools'

Stan Russell
I have 4 of your "Dummy Cameras"; bought from the Poundland shop in Leith Edinburgh. I want to buy more but they are not in stock and the ...

re: Bunnings reveals locations of the three further UK pilot stores

Mr kenneth rye
when will the Hemel Hempstead store be open?....

re: Dobbies to close Paisley centre

Alan Eavis
There is probably a good reason for that Jen.Good luck with the job hunting...

Most read stories