Blue Diamond grows full year profits

Blue Diamond which operates 19 garden centres and restaurants in the UK and Channel Islands achieved revenues of £91 million for 2016, representing an 8 per cent like-for-like increase. The figure excludes the acquisitions of Harlow Garden Centre and the Coton Orchard Garden Centre in Cambridge.

The business is aiming to double its revenues to £180 million by 2022 through acquiring further garden centres and optimising sales at its existing sites. Its managing director Alan Roper said: “I believe that Blue Diamond’s consistent growth has come because we are successful in exploiting the opportunities of an increasingly broader non-gardening offer that the modern garden centre now conveys, whilst continuing to remain credible and authoritative in our core gardening offer. This is in contrast to the concession-led and relatively undifferentiated offer that is prevalent  in most of the sector.”

Related Posts