Pet products retailer grows sales to £777.8m

PET products specialist Pets at Home, based in Cheshire, has seen revenue grow by 6.7% to £777.8m in the year to March 31 (FY 2015: £729.1m).

Pre-exceptional EBITDA of £124.7m, excluding £0.8m of M&A related expenses, represented a 4.2% increase on the previous year (FY15: £119.6m).

The company is progressing despite challenges from its seasonally-affect health and hygiene category and the impact of the introduction of the National Living Wage which is expected to be £2m in the 2017 financial year.
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