Joules reveals profits growth

Not only has Joules achieved 19.6 per cent growth in its revenues for the year to May 28th, its underlying EBITDA was up by 25.3 per cent. Retail sales had grown by 19.4 per cent with online sales increasing to represent over a third of overall retail sales, and international revenues increasing by 36.2 per cent. Active customers of the multichannel business grew to 907,000.

“The strong progress delivered during the year was again underpinned by the group’s steadfast focus on its growing and loyal customer base, product quality and delivering engaging experiences across all channels,” commented CEO Colin Porter.