Smart Garden Products has announced that the company has been listed in the FT 1000, a Special Report listing the European companies which have achieved the highest percentage growth in revenues between 2013 and 2016.
Among the 156 other companies from the United Kingdom, Smart Garden Products is the only UK company representing the Personal and Household Goods sector. With an annual compound growth rate of 36.5%, an absolute revenue growth of 154%, and a revenue in 2016 of over £30m, Smart Garden products were ranked 953 out of the 1000 European companies.
Managing director Jonathan Stobart commented: “This is an extraordinary achievement, particularly when set against the backdrop of economic uncertainty and Brexit. However, we have always set our sights high, giving ourselves demanding targets to meet. We have not only achieved these but exceeded even our most optimistic expectations.”
To be included in the list of Europe’s fastest growing companies, a company had to meet criteria including revenue of at least £100,000 generated in 2013, revenue of at least £1.5m generated in 2016 and revenue growth between 2013 and 2016 being primarily organic.