Seasalt has posted sales revenue growth of 12 per cent year on year to reach £132.6m for the year to 31st January, ’24. EBITDA also increased by 146 per cent to £11.7m.
CEO Paul Hayes said: “Our year to the end of January 2024 was a record-breaking one for our stores, seeing a 10 per cent increase across our store portfolio, supported by a number of new locations that helped to drive that great result. We also opened our first franchise store in New Zealand with longstanding partners, Ballantynes, and grew our strategic relationships substantially, both in the UK and internationally.
“Despite the many external market challenges, our online business held its own, representing over 40 per cent of our sales revenue and ensuring our customers are provided with a seamless experience whenever they choose to shop with us.”
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