The BSS Group have announced their latest unaudited interim figures. And, the results, for the six-month period to September 30 have been described by chairman Peter Warry as a “record”.
Revenue increased 31.4% to £624.1m (2006: £475.1m) in the period, while pre-tax profit increased 23.5% to £26.3m (2006: £21.3m).
Sixteen new branches have opened so far this year, and, say the company, they are on target to open a total of 30 this year. A trade counter refurbishment program has also seen 19 upgraded so far this year.
Mr Warry said: “I am pleased that the Group has enjoyed an excellent first half with record sales, profit and cash flow.
“The Board believes the Group has considerable growth potential with a strong strategic position from which it can develop further. The increased investment in the branch network and infrastructure underpins management’s plan to fully realise the Group’s potential.
“We remain positive as to market outlook and expect to at least meet expectations for the second half.”