Retail News

Henderson Group announces record financial year

Henderson Group announces record financial year

The Henderson Group has announced record levels of sales, investment and jobs growth in the year ending 31st December 2016. Ron Whitten, Chief Financial Officer and Patrick Doody, Sales and Marketing Director, Henderson Group, announced the annual results during the company’s Wholesale Conference in Seville, Spain recently, attended by over 250 of its retailers, suppliers and staff.

Turnover has increased by 6% to £699.3m as compared to 2015, despite the competitive pressures within the grocery and foodservice sectors. Profit on ordinary activities after interest, before taxation was £23.87m, an increase of 10.9%. In 2016, employment levels rose to 3099, an increase of 270 new jobs on 2015. Like for like grocery sales growth of 3.5% was recorded, driven by strong performance of the fresh food categories growing in volume terms by over 8%, increasing footfall and basket spend in its supplied retailer stores.

In addition, retention of existing retailers and recruitment of new retailers to its symbol brands were both key to the success in 2016. The company said that an ongoing co-investment strategy with its retail partners to establish a market leading portfolio of supermarket, forecourt and convenience stores has boosted the strong sales performance across all its brand formats. In addition, fuel volumes in Henderson Retail Ltd (company owned stores) grew by 8.6% on a like for like basis, driving increasing footfall to the stores. Northern Irish butcher Pat O’Doherty, managing director of family owned O’Doherty’s Fine Meats in Enniskillen, county Fermanagh, has created a black pudding with ingredients including three different varieties of edible seaweed harvested from the Atlantic coastline.

The core ingredient in the new black pudding that he’s created is his own multi-awardwinning Fermanagh Black Bacon, a bacon from his own free-range pigs that’s cured using a special recipe. “I decided to develop the new pudding because seaweed is now seen as a healthy and nutritious food, often referred to as a superfood. It’s packed full of vitamins and minerals. “I’ve selected three types of seaweed from the fresh and clean Atlantic waters along the Irish coastline and blended these with Black Bacon and other traditional ingredients including Irish oats and herbs. The new pudding has a very rich and spicy flavour and is proving extremely popular with all those who have sampled it.”
He’s named the new pudding after the Wild Atlantic Way, a major tourism trail that runs across the west of Ireland from Cork to Donegal and is being promoted extensively outside Ireland, especially in the US and Europe, by Tourism Ireland. MEASURE OF SUCCESS: Centra’s Barry Minnock got suited up ahead of the 2017 Deep RiverRock Belfast City Marathon. Barry donned a suit for the occasion in support of Centra’s local charity partner Action Cancer and in a bid to break a Guinness World Record. The Marathon, which is sponsored by convenience retailer Centra as part of its Live Well programme took place on May 1st.

Share this Post:

Also in this section