UPWARD TREND CONTINUES - SCREWFIX FOURTH QUARTER RESULTS
 Fourth
quarter results for Screwfix showed sales growth of 24.0% to £110
million in the 13 weeks ending 2 February, 2008. The company, which
had a 2006/2007 turnover of over £300m, has continued its UK Trade
Counter initiative with an additional 13 outlets being opened during
the quarter (100 opened as at end February, 2008).
John Colley, Commercial Director at Screwfix, comments “We are
delighted with these results which reflect the efforts that we have
put into maintaining our upward growth trend. Our catalogue has
expanded by 14% to 1074 pages and, at more than 18,000 products, now
includes 20% more products than last year. As well as our focus on
more brands, more products and more deals, we have paid particular
attention to both listening to and meeting the needs of our
customers.
“This has resulted in strong selling categories such as power tools
and plumbing, which have been helped by further extensions to our
range of boilers and radiators. Our aim is to continue to offer a
collection of products that provide the best deals, are the best for
task, are best for general trade as well as specific trades, and
which represent the new best brands the best product. In other
words, we aim to offer simply the best.”
He adds, “Ensuring a fast, reliable service across each of our
multi-channel supply lines has continued to be a priority and, as
part of this commitment to our core trade customers, as well as
handymen and serious DIY enthusiasts all over the UK, we have
continued with our trade counter initiative. A further 13 outlets
were opened during the fourth quarter and, following the opening of
our 100th Trade Counter in Epsom at the end of February we are now
100 Strong.”
As the UK's largest direct and online supplier of trade tools,
accessories and hardware products, Screwfix despatches thousands of
parcels every week for next day and weekend delivery to tradesmen,
handymen and serious DIY enthusiasts all over the UK. The company
also operates a growing number of Trade Counters across the UK, each
offering thousands of items in stock, available for immediate
collection. (Full address details can be found at screwfix.com/tradecounters).
A second distribution centre in Stafford is now fully operational to
support the Trade Counter activities.
In addition, Screwfix continues to improve its award-winning website
with faster, easier access to products via improved search
capabilities. More trade links have also been added and the site is
regularly updated with sales items, bulk deals, top searches and a
“what’s hot” section.
All trademarks are the registered trademarks of the companies
concerned.
Email:
technology.house@dial.pipex.com
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