John Lewis experienced double-digit growth in
the year to 29th January 2011. Sales performed ahead of
expectations, rising 11.9 percent to £3.23 billion. Online,
the John Lewis website recorded a 37.9 percent jump in sales to
£538.2 million. Operating profit was up by 22 percent to
£201.2 million, marking a return to prerecession levels.
Overall, the John Lewis Partnership, which also includes
Waitrose, saw group sales rise 10.6 percent to
£8.21 billion and group operating profit climb 10.6 percent
to £431 million.
Abcam, a Cambridge-based producer and
distributor of antibodies, reported a profit rise of 35.4 percent
to £15.2 million in the first half of the year. Sales were
up 23.7 percent to £39.4 million. The firm, which supplies
research scientists with antibodies and associated products, saw
its online catalogue expand by 19.3 percent during the period to
include 69,160 products. The company performed particularly
strongly in the US and in China and says sales in the second half
have also started well.
Share