By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Natural Products Global | Delivering the news in your Natural & Organic sectorNatural Products Global | Delivering the news in your Natural & Organic sector
  • Food & Drink
    Food & DrinkShow More
    VOG has the organic apple for every need, 12 months a year
    February 7, 2023
    Almond Laboratories: 25 years being organic and plant-based
    February 7, 2023
    Even As Sales Cool for Vegan Meat, Veganuary Sets Another Record-Breaking Year
    February 6, 2023
    Spain will reflect its leadership position as an organic producer at Organic Food & Eco Living Iberia 2023
    February 6, 2023
    Folic acid in flour too low, say scientists
    February 3, 2023
  • Health
    HealthShow More
    Meet OQO at Natural & Organic Products 2023
    February 6, 2023
    Folic acid in flour too low, say scientists
    February 3, 2023
    Natural Products News’ News in brief
    February 2, 2023
    Government is ‘taking the biscuit’ says SA
    February 2, 2023
    Visit KeyPharm at BIOFACH 2023!
    January 31, 2023
  • Beauty
    BeautyShow More
    Meet Driu Beauty at Natural & Organic Products Europe 2023
    February 8, 2023
    Meet Selenacare at Natural & Organic Products Europe 2023
    February 8, 2023
    New Hair Proud collection champions diversity
    February 7, 2023
    Natural Products News’ News in brief
    February 2, 2023
    Natural and organic cosmetics outlook for 2023: What should I be ready for?
    February 2, 2023
  • Eco Living
    Eco LivingShow More
    Meet Clothes Doctor at Natural & Organic Products Europe 2023
    February 8, 2023
    Meet Selenacare at Natural & Organic Products Europe 2023
    February 8, 2023
    Natural Products News’ News in brief
    February 2, 2023
    Study Suggests Textile Reuse Up to 70x More Sustainable Than Producing New Clothing
    February 2, 2023
    CMA to investigate FMCG greenwashing
    January 30, 2023
  • World News
  • Distributors Wanted
  • Supplier Connections
Reading: Holland & Barrett revenues rise 7.1% to top £700m
Share
Sign In
Notification Show More
Latest News
Organic inputs, chemical-free production
February 8, 2023
Organics in international development cooperation
February 8, 2023
Meet Driu Beauty at Natural & Organic Products Europe 2023
February 8, 2023
Meet Clothes Doctor at Natural & Organic Products Europe 2023
February 8, 2023
Meet Selenacare at Natural & Organic Products Europe 2023
February 8, 2023
Aa
Natural Products Global | Delivering the news in your Natural & Organic sectorNatural Products Global | Delivering the news in your Natural & Organic sector
Aa
Search
  • Food & Drink
  • Health
  • Beauty
  • Eco Living
  • World News
  • Distributors Wanted
  • Supplier Connections
Have an existing account? Sign In
Follow US
  • Blog
  • Blog
  • Advertise
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Natural Products Global | Delivering the news in your Natural & Organic sector > Blog > Market Insights > Retail > Holland & Barrett revenues rise 7.1% to top £700m
EuropeHealth and NutritionRetail

Holland & Barrett revenues rise 7.1% to top £700m

Jim Manson
Jim Manson November 15, 2018
Updated 2018/11/15 at 7:16 PM
Share
4 Min Read
SHARE

Leading European health food retailer Holland & Barrett saw group revenues rise 7.1% to reach £ £702.5 million, for the year ending 30 September 2018.

Commenting on preliminary financial results for the period, John Walden, H&B’s newly appointed chairman (formerly boss at consumer goods retailer Argos and DIY chain Homebase), commented: “Holland & Barrett delivered a strong financial performance in 2018 with positive revenue, like for like sales and EBITDA growth, underpinned by significant growth in digital revenues.  These results are particularly favourable against a backdrop of challenging and rapidly changing retail markets.  As the newly appointed chairman, I am looking forward to working with the talented Holland & Barrett team and developing an ambitious strategic plan – to build digital leadership and a global platform for delivering the most trusted, ethical health and wellness products and services.”
Financial Highlights
·         Group revenues increased 7.1% to £702.5m
·         Group like-for-like sales increased 3.9% (38th consecutive quarter of like-for-like sales growth)
·         Group digital sales grew 32.2% with digital participation of 10.1%
·         Group Operating Profit (EBITDA) increased 1.3% to £152.1m
Business Highlights
·         Multiple hires for the H&B leadership team 
·         Continued innovation including the launch of Healthbox subscription service, and new product development which comprised 8% of Group revenues
·         Strong performance in several key categories with Vitamins, Minerals and Herbal Supplements (VMHS) in the UK and Ireland growing 15.3% and Clean Beauty growing 10.2%
·         66 new stores globally, including 15 new concession models within Tesco stores in the UK and Ireland
·         Continued development of Holland & Barrett internationally, with revenue growing 9.3%
·         Successful transition of ownership to L1 Retail
Chief executive, Peter Aldis, commented: “I am pleased by the strong performance in the business this year.  We have just completed our 38th consecutive quarter of like-for-like sales growth, which is a milestone achievement we are very proud of.  I am delighted that we have managed to attract a number of strong hires to the Executive Board over the last 12 months and am pleased by how well the team has come together in a short space of time.  Looking forward under our new owners, I am confident that we are well positioned to drive transformation in the face of digital disruption.  We expect that 2019 will also be a year of continued investment in the business to provide our customers with the most trusted and innovative range of health and wellness solutions.”
Business Review
Overview
Holland & Barrett now operate 1,077 stores in 5 countries including 830 stores and concessions in the UK and Ireland, and 247 stores internationally in the Netherlands, Belgium, and Sweden.  Holland & Barrett also has over 400 franchised locations in 11 countries.
International Expansion
International revenue now accounts for 20% of Holland & Barrett revenues. In its owned markets, the company saw continued growth across each of its businesses in the Netherlands, Belgium and Sweden.  Netherlands is the largest and most profitable of Holland & Barrett’s international markets, but also remains one of the most competitive.  During the year Holland & Barrett acquired Halsa for Alla Sverige in Sweden, which provides a platform for further growth in the Scandinavian region.

You Might Also Like

Organic inputs, chemical-free production

Organics in international development cooperation

Meet Driu Beauty at Natural & Organic Products Europe 2023

Meet Clothes Doctor at Natural & Organic Products Europe 2023

Meet Selenacare at Natural & Organic Products Europe 2023

TAGGED: featured, health foods, Holland & Barrett, l1 retail, Netherlands, retail, Sweden, UK

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Jim Manson November 15, 2018
Share this Article
Facebook TwitterEmail Print
Previous Article Pukka Herbs’ 'crop to cup' carbon targets gain SBTi approval
Next Article New ashwaghanda delivery tech allows high purity and potency

Stay Connected

Facebook Like
Twitter Follow
Youtube Subscribe

Latest News

Organic inputs, chemical-free production
Agriculture Environment Europe February 8, 2023
Organics in international development cooperation
Africa Agriculture Environment Europe February 8, 2023
Meet Driu Beauty at Natural & Organic Products Europe 2023
Europe Natural Beauty NPG Partners Skincare February 8, 2023
Meet Clothes Doctor at Natural & Organic Products Europe 2023
Eco Living Eco-Household Europe NPG Partners Textiles February 8, 2023
https://pbs.twimg.com/profile_images/922852467343286272/nzY8awcO_normal.jpg
@NPGalerts
887 Following
683 Followers
https://pbs.twimg.com/profile_images/922852467343286272/nzY8awcO_normal.jpg 7 hours ago
SolvPro, the new line of vegan plant protein blends from Osage Foods, is made using EverPro — the upcycled grain fr… https://t.co/YTVbv4ja7c
https://pbs.twimg.com/profile_images/922852467343286272/nzY8awcO_normal.jpg 22 hours ago
Organic Food & Eco Living Iberia and Bio Eco Actual present the Eco & Organic RETAIL Awards, with which the work of… https://t.co/I0rH46LTR6
https://pbs.twimg.com/profile_images/922852467343286272/nzY8awcO_normal.jpg Feb 7, 2023
FDA stands firm on CBD stance, stating that new regulations are needed. (Source: New Hope Network). Find out more:… https://t.co/15cvlZjYWk
1

Advertise

  • Advertise with us
  • Advertise with us
  • Newsletters
  • Newsletters
  • Deal
  • Deal
  • Distributors Wanted

You Might also Like

AgricultureEnvironmentEurope

Organic inputs, chemical-free production

February 8, 2023
AfricaAgricultureEnvironmentEurope

Organics in international development cooperation

February 8, 2023
EuropeNatural BeautyNPG PartnersSkincare

Meet Driu Beauty at Natural & Organic Products Europe 2023

February 8, 2023
Eco LivingEco-HouseholdEuropeNPG PartnersTextiles

Meet Clothes Doctor at Natural & Organic Products Europe 2023

February 8, 2023
//

Natural Products Global is a one-stop global news resource for natural & organic industry professionals.

Natural Products Global is a one-stop global news resource for natural and organic industry professionals. Offering a mix of original content and aggregated news from leading industry websites.

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Natural Products Global | Delivering the news in your Natural & Organic sectorNatural Products Global | Delivering the news in your Natural & Organic sector
Follow US

© 2022 Natural Products Global NPG | All Rights Reserved

Sign Up!

Subscribe to our weekly newsletter and get the latest natural & organic industry news delivered to your inbox

Name(Required)
Password(Required)
Strength indicator
This field is for validation purposes and should be left unchanged.
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?