In This Issue
Vote for Greenfingers this afternoon in the BBC/ RHS People's Choice Award
Greenfingers garden wins Silver-Gilt - Golds for Taylors Bulbs, Hilliers - See GTN's photos from a star studded Chelsea Press Day
Blue Diamond profits grow by 18% to £10.8m
SOLEX launches new website
When will garden centre sales peak in 2019?
Treadstone supports stockists with full range of merchandising materials
Celebrating 10 years of the HTA National Plant Show
‘Chelsea favourites’ set to soar in garden centres
Bristol to welcome GCA members for 2020 conference
Notcutts Booker unveils new look
City Gardening and more - the trends of the green industry spoga+gafa 2019
Wyevale Garden Centres agrees the sale of three centres
Haskins encourages children to connect with nature
Transfer of EU powers leads to silent erosion of UK pesticide regulation
Garden centre directors exceed £4,000 target riding the Tour de Yorkshire challenge for charity
Greenfingers Garden at Chelsea nears completion
Trade gets ready to make the most of RHS Chelsea Flower Show
Get your own copy of GTN Xtra
Watering provides sales boost for garden products
Growing Media sales back up to Easter levels
Best year yet for growing vegetables at home
Not such a mad planteria Bank Holiday
Feeding station is panacea for sales
21 participants in Garden Trials and Trade present themselves in digital trade fair magazine
Hillier appoints new horticultural buyer for garden centres
The best of last week's
Wyevale sells Worthing Ferring Garden Centre to Cobbins Nursery
TV gardener to open new look garden at Tong GC
Hayes delighted with Corby & Fellas WinRetail system
Garden Centre Tour - Mahoney Garden Centre, Boston, USA
Garden Centre Photo Tour - Notcutts Norwich
Garden Centre Photo Tour - Blue Diamond Bicester Avenue
Garden Centre Photo Tour - Hillier Botley
Garden Centre Photo Tour - Baytree of Hilgay
Garden Centre Photo Tour - Forest Lodge
Bestsellers Top 50 charts every week
Buy your subscription to GTN Bestsellers
All the latest news from the world of garden centre catering
Smashing Wimbledon Cream Tea at Squire’s
Introducing the Taste Village at Glee
Commercial Kitchen 2019 previews new product innovations
Send us your news and great ideas

Contact us with your news. 

Email neil.pope@tgcmc.co.uk, or trevor.pfeiffer@tgcmc.co.uk or call the GTN News team on 01733 775700






Blue Diamond profits grow by 18% to £10.8m

Blue Diamond Ltd have reported a pre tax profit of £10.8m for the year ended December 31st 2018 a 18% increase on 2017.

 

Chairman, Simon Burke, says in his report: "By any standards, 2018 was a dramatic year for Blue Diamond. Our biggest garden centre opening ever, the acquisition of nine centres from Wyevale, a share issue, a sale-andleaseback of Brambridge, and extraordinary swings in the weather all played their part.


"I am very pleased to report that we have navigated them all with success. Our headline profit before tax grew by 18% on total sales up 32%, and despite the very substantial acquisition during the year, our debt is well within acceptable parameters."

 

Managing DIrector, Alan Roper, pays tribute to the Blue Diamond Team for acheving the results: "2018 was a year the Group seized a rare opportunity for significant growth when we purchased nine Wyevale garden centres with an annual turnover of nearly £37m.


"The purchase completed in mid-August and the significant task began to assimilate the businesses into the Group. My operations team have been exemplary in rising to and delivering on this challenge. In fact, one would go as far as to say that despite the onerous nature of the task in hand it was met with huge enthusiasm and a modicum of excitement. This enthusiasm was matched by the existing employees and customers of the stores upon hearing Blue Diamond would be acquiring them.

 

"The team and culture within this Company is by any measurement exceptional. I am enormously proud of them and their achievements. They have a great affinity in the way they work together, and their loyalty to the Company and each other is second to none.

 

"Looking forward we have three new-build centres in the pipeline with hopefully a fourth to be agreed soon, and a number of our centres are earmarked for expansion when we have completed the current investment programme on the recent acquisitions. This new business coupled with the growth from the recent acquisitions should see the Group turnover approach £200m within the next five years."

 

Read the full Annual Report and Consolidated Financial Statements using this link.

 

See GTN Xtra's photo tour of Blue Diamond Endsleigh from the first week of May 2019.

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