AN online retailer founded by four Plymouth roofers over a meal in a Chinese restaurant has seen sales hit £76.3m and has become one of the city’s most significant companies. CMO Group Plc is now the UK’s largest online-only retailer of building materials and has just reported a 46% hike in turnover.
The Burrington Way-headquartered business’s preliminary results for 2021 have revealed its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortisation), a measure of profitability, increased 42% to £3.7m from the 2020s £2.6m. CMO said the results reflected “strong organic growth” and included a £16.5m contribution from the acquisition of Total Tiles and the addition of £1.7m from three months of trading by JTM Plumbing, acquired last September and which is set to be integrated into a new Plumbing Superstore which will launch later this year.
هذه القصة مأخوذة من طبعة May 18, 2022 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 18, 2022 من The Herald.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Black cats aren't feeling so lucky
FOREVER HOMES NEEDED FOR KITTIES
Tories 'Polling Lower Than Under Liz Truss'
THE Conservatives are currently polling lower than under Liz Truss, the latest data from YouGov has revealed.
READY FOR ANYTHING
DEWSNIP HAS PLANS FOR ALL SCENARIOS AGAINST HULL
Whittaker looking to create a bit of history
IT has been 30 years since a Plymouth Argyle player last scored 20 league goals in a season and Morgan Whittaker has one last chance to achieve that milestone moment.
Midfielders are fit and ready for Argyle's huge game
HOUGHTON AND FORSHAW ARE IN CONTENTION TO FACE HULL CITY
Russell impressed by calibre of applicants for Parkway vacancy
PLYMOUTH Parkway chairman Mark Russell has been impressed with the standard of applicants that are applying for the managerial vacancy at Bolitho Park.
Plymouth divers pick up medals on their travels
THE end of April proved to be busy with competitions for three Plymouth divers.
Strict response warning over students' protests
PROTESTERS must be met with an \"extremely strict response\" if they attempt to replicate violent pro-Palestinian demonstrations at United States university campuses, according to Penny Mordaunt.
Teen 'didn't hear warnings' - neighbour
A NEIGHBOUR who witnessed an alleged sword attack on a 14-year-old boy in east London has said she tried to warn the teenager but he could not hear her because he was wearing headphones.
Funds sought to help Romanians
CITY CHARITY IS HOLDING SPRING SALE