Retailers

Beaverbrooks posts strong full-year financial results

Beaverbrooks has posted strong full-year results, which saw operating profit before distribution and tax rise to £15.2m – up from £14.3m the previous year.

During the 52 weeks ending 27 February 2016, the jewellery chain’s annual report and financial statements published on Companies House showed a 5% increase in turnover from £113.6m to £119m – a record for the firm.

The company’s directors were said to be “delighted” with the performance, which built on a 14% sales increase in 2015.

Anna Blackburn, CEO, who has been named among the North West’s top 20 business women, said: “We’ve recorded our highest level of operating profit in the last two financial years which we’re delighted with.

“2016 has seen us named in The Sunday Times ‘100 Best Companies to Work For’ for the 13th consecutive year and we’ve added two new stores to our estate – our 69th opened on Thursday 8 December in London’s Westfield Stratford City.

“We are looking forward to a busy Christmas trading period and are optimistic about the year ahead.”

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