Dobbies strategic review bears fruit
Dobbies has posted sales of £148.3 million for the year to February 25th along with a pre-tax profit of £5.1 million which is 35 per cent lower year on year. The business attributed the fall in profits to one-off items adding that footfall had fallen by 3.6 per cent but that average transaction value had edged up by 2.6 per cent.
The business had acquired six Wyevales store earlier this year and said that this, combined with the new management team which joined in January 2018, was seeing a stronger trading performance in the current year.
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