// Hunter revenue up by 9% to £113.8m in the year to December 29
// Gross profit margins increases 2.3% to 54.2%
// EBITDA grew 54% to £10.6m
// US & Asia sales grew 13% each across all channels
Hunter has reported a rise in revenue and gross profit margins, while its US and Asia sales “continued growth across key markets and channels”.
Revenue was up by nine per cent to £113.8 million in the year to December 29 and gross profit margins increased by 2.3 per cent to 54.2 per cent, while EBITDA grew by 54 per cent to £10.6 million in the period.
READ MORE:
Meanwhile, US and Asia sales grew by 13 per cent each across all channels.
Online sales saw growth of 19 per cent year-on-year, and accounts for 28 per cent of Hunter’s total sales.
“2018 represented a landmark year for the business and the ongoing delivery of our strategic vision,” Hunter chief executive Vincent Wauters said.
“We have shown continued growth across key markets and channels, with anchors in North America, Europe and Asia.
“The investments made in recent years to develop Hunter into a global lifestyle brand have enabled the company to generate sustainable global growth with strong operational leverage.
“We are excited with our progress and look forward to continuing to build the Hunter brand and business in 2019, the year in which we introduce strategic collaborations with brands as diverse as Stella McCartney and Peppa Pig.”
Click here to sign up to Retail Gazette‘s free daily email newsletter
