Revenue surge at fragrance distributor

Revenues have jumped in direction of the £60m milestone at a Cardiff-headquartered fragrance and skincare distributor, with pre-tax earnings additionally climbing.

H&B Supplies has been working for greater than three a long time, supplying perfumes, haircare merchandise and skincare to retail prospects.

Newly filed outcomes revealed turnover was £56.97m within the yr to 31 August 2020, up from £48.3m 12 months earlier.

Pre-tax revenue additionally jumped to £4.2m from £3.2m.

An announcement filed with the figures stated the enterprise “continued to take care of and enhance, the place attainable, the gross margin by product”.

Net property totalled £12m by the top of the interval, in comparison with £9.1m in 2019.

Ordinary dividends totalling £1.1m had been paid through the yr.

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