Trespass profits & sales surge as UK weather changes

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Trespass
// Trespass sales up 15% due to Britain’s changing weather
// Pre-tax profits more than doubled to £8.89m from £4.18m
// Sales increased in all divisions

Trespass has reported a surge in profits and sales, posting a turnover of more than £100 million thanks to the UK’s ever-changing weather.

In the year to June 24, pre-tax profits more than doubled to £8.89 million from £4.18 million, while sales increased by 15 per cent to £114.3 million.

The Scottish sportswear retailer said its sales increased in all divisions, and a “considerable” investment in web development has resulted in “steady increases” in online sales.

The positive results also came despite the economic uncertainty surrounding Brexit.

Trespass’ management said in a strategic report: “Undoubtedly, company sales were boosted by the wet summer of 2017 and the subsequent cold winter, culminating with ‘the Beast from the East’.

“The directors are pleased that the programme of investment undertaken in recent years is starting to bear fruit with an excellent group trading performance this year.”

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