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Westland Horticulture, certainly one of Northern Eire’s greatest firms, has recorded a pointy improve in income and stated it expects additional development within the coming months.
The Dungannon, County Tyrone-headquartered enterprise notched up pre-tax income of £25.6 million for the 12 months to the tip of August 2021, a leap from £14.5 million within the earlier monetary 12 months.
Turnover additionally jumped, though extra modestly, to £254 million from £208 million, the corporate stated in a submitting to Corporations Home.
Westland has grown to be one of many greatest gamers within the UK and Eire gardening and horticultural market, promoting so-called rising media – peat, compost and many others – in addition to fertilizer, seed, instruments and different gardening merchandise.
It’s the mum or dad firm of Unwins, wild hen payment Packish, Nature’s Feast and Bucktons.
It has additionally grown its presence throughout Europe with what it described as elevated exercise by its European subsidiaries.
In recent times that development has been via natural means, in addition to via acquisitions, together with the acquisition of Gardman Group in 2018.
As well as, headcount has additionally jumped by almost 100 to 845 on the finish of the 2021 accounting interval.
It stated the Covid-19 pandemic had created “distinctive challenges” for the enterprise but it surely was assured of additional development within the close to future.
“The administrators imagine there are nonetheless alternatives for development as new traces are launched to the rising media and fertilizer market,” the corporate report stated.
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