Monday, 12 June 2017 News

Mountain Warehouse have another good trading year

Mountain Warehouse have another good trading year

Mountain Warehouse has posted a double-digit jump in annual profits as it plans 40 new store openings creating hundreds of jobs.

In the year to February 2017 pre-tax profits shot up by 22 per cent to 19.8 million, while sales jumped 30.8 per cent to £184.8 million.

Like-for-like sales at the outdoor retailer also saw a 16.5 per cent rise, dropping slightly from 19.3 per cent a year earlier.

This has fuelled ambitious expansion plans, with the retailer aiming to open 40 new stores by the end of the year, creating over 400 new jobs.

The retailer already employs 2600 staff across its international estate, and boasted of international sales doubling in the period, while online sales shot up 50.6 per cent.

They are actively looking for a new Belfast city centre flagship store, offering 3/4,000 sqft os sales with storage.

If you have a property that might satisfy this requirement then give MURPHY a call......