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A very happy Christmas for garden centres
Christmas shopping report: Brits spend £158 on decorations and 40% put up two trees
Garden centre closes after railway landlord declines to renew lease
GTN's Sustainability Directory 2020
Former England cricketers unite for unique ‘Audience with' event at Tong Garden Centre
Toppings sell Barton Grange Hotel to catering firm
Hillmount Santa's Grotto is Belfast's favourite
HTA response to Queen’s Speech and EU Withdrawal Bill
West London houseplant offering opens to critical acclaim
Bents to kick off 2020 with photo competition
Zest 4 Leisure donates fundraising cheque to charity
Trends in gardening – what’s shaping the future?
Glee 2020 will show why the garden retail sector thrives
Design Council boost for inventor's 'easier digging' device
New-era Summerhouse is the smart route to on-trend products at Spring Fair
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Wildlife World makes key management appointment
GCA conference to welcome double Olympic gold medallist
Tubtrugs inventor Steve Faulks hangs up his tubs
GB to stage joint exhibits at IPM Essen
Growers must get frictionless trade with EU warns HTA
The best of last week's
The Big Three - GTN interviews Graeme Jenkins, Charles Stubbs and Alan Roper
British Garden Centres finally acquire 8 Hillview centres
Dobbies made £14m loss after buying six centres for £70m
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Casual Dining: Food and drink trends for 2020
Top food pro explains how he keeps up with what consumer s want
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Dobbies made £14m loss after buying six centres for £70m

Dobbies paid £70m for the six Wyevale garden centres it bought in the year to 24 February 2019, the annual accounts, filed last week, reveal.

 

Gloucester, Heighley Gate, Huntington, Woodbridge and Woodlands were acquired for £37.4m and Woodcote Green for £33.2m

 

The group reported a loss before tax of £14m on sales of £166m, although operating profits moved up from £5.5m to £7.4m. A full year’s trading with the six newcomers would have pushed turnover to £197m.

 

The group says it aims to grow organically as well as through acquisition and its strategic plan is to “lead the future of garden centre retailing”. It believes it differentiates itself through range authority, best in class hospitality experience and strong concession relationships.

 

During the year Dobbies disposed of two centres, Westerwood and Kinross, that were not of core interest and later acquired 31 more from Wyevale, leaving it with 69 centres.

 

Borrowings totalled £299.5m at year end, including £44m from its parent division within the Dobbies Garden Centre Group.

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