Specialist retailer Pets at Home's profits rose more than 50 per cent in the year to March 27.
Pre-tax profits expanded 55.6 per cent from£19.9 to£30.9 million and sales were up 15.7 per cent from£306.5 to£354.66 million. Like-for-like sales climbed 8 per cent and Pets at Home reported an increase in margins over the period.
Pets at Home also increased its store portfolio, ending the year with 20 more outlets and an estate of 213 shops.
Pets at Home chief executive Matthew Davies said: “In the 15 weeks since Christmas, we have continued to maintain our sales momentum and we remain confident about the year ahead. Our customers will see exciting new ranges in store this year, from bunny boutiques to our deli for dogs.”
Pets at Home is owned by private equity house Bridgepoint.
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