Notcutts announces growth in operating profit

Family-owned garden centre group Notcutts has announced operating profit for the 12 months to February 2016 of £1.29m, compared to £1.08m the previous year – an increase of 20%. Turnover increased by 6.3% in the year.

Notcutts Woodford ParkThe company strategy is to invest in redeveloping its garden centres to provide a differentiated customer experience, Notcutts reveals. The redevelopment of Wheatcroft garden centre in Nottingham and the internal redevelopment of Woodford Park garden centre in Cheshire were completed in April 2015 and October 2015 respectively.

Notcutts chairman Nicky Dulieu said: “We are clearly pleased with our financial performance for last year which demonstrates the success of our customer service and improved product offerings as well as the investments already made. Our newly developed centres continue to prove really popular with our customers and this has reinforced our strategy to redevelop our garden centres over the next five years.”