Maiden dividend after strong first half for Pets at Home
Date added:
04/12/2014
PETS at Home, the North West retailer which was one of a clutch of big-ticket IPOs this year, has reported strong half year results as it continued its new store roll-out programme, improved margins and like-for-like sales. The Handforth-based group also announced its maiden dividend payment of 1.9p per share as Nick Wood the chief executive of the 385 store chain said Pets at Homes is confident of future prospects.In the 28 weeks to October 9 revenues grew 10.2% to £381.5m and underlying ebitda was up 10.8% to £58.6m, d....
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