In This Issue
Vital continues to bring innovation to its business
Work starts on controversial chimney to help reduce odour from a pet food factory
Pets At Home full-year profits rise 'faster than anticipated'
Impressive exhibitor line-up for PATS Telford in September
British exhibitors overwhelmed with interest from overseas buyers at Zoomark 2019
Pet food among items being sought by Canadian and Spanish buyers at next ‘Meet the Buyers’ event
Vets' warning after dog eats over 100 slug pellets
Free Rabbit Awareness Week promotional packs
Sales of Bring Your Dog To Work Day T-shirts benefit charities
Pet firm supplies leading Scotland hotel with drying coats
Pet Remedy wins Pets at Home customer vote
Felcana partners with cult café to promote animal welfare
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Abattoir recalls pet food products because they may be unsafe
Bestpets appointment aimed at driving sales in independent pet trade
Fish4Dogs takes on new Product Portfolio Manager
In Vogue Pets launches Tre Ponti harnesses in UK
Help puppies get into a grooming groove
Dogstival success for sustainable brand Josera
The best of the previous Pet Trade Xtra
Inside Pets at Home's new ‘store of the future’
Another pet product is a winner on BBC1 TV
IPN wins Branded Pet Food Supplier of the Year Award
Pet behaviour specialists team up with raw dog food brand
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Pets At Home full-year profits rise 'faster than anticipated'

 

Pets At Home saw profits plunge 37.7% as it set aside more than £40m for a huge restructure programme but the set of results still beat low market expectations to send shares climbing.

 

The pet retail giant recorded pre-tax profits of £49.6m in the 12 months to the end of March. However, underlying profit rose 6.1% to £89.7m and revenues rose 6.9% to £961m.

 

Pets at Home chief executive Peter Pritchard said the business was “trading strongly and taking share across the pet market.”

 

He added: “Customers are loving our lower prices, the convenience of subscription packages, high quality veterinary care and pet healthplans.

 

 “We launched our pet care strategy last year and we’re already making good progress, bringing our retail and vet businesses closer together. Our commitment is to make sure pets and their owners get the very best advice, care and products, and we’re able to join this up for customers in a way that competitors just can’t.

 

“I’m pleased with our progress and the results we have delivered, but there remains plenty to do. I’m confident we will successfully reposition our vet group so that, with the strong performance in Retail, we will be well placed to deliver our strategy.”

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