holland and barrett

Holland & Barrett grew revenues by 5.5% last year after investing in significant expansion in the UK and overseas.

Companies House documents reveal revenues increased to £368.8m in the year ended 30 September 2014, with pre-tax profits jumping £5m to £89.5m.

Holland & Barrett does not produce consolidated accounts, but the group said that if the results for the 1,000-strong store portfolio, including GNC-branded UK outlets and stores in Ireland, had been combined, turnover would have grown by 7.7% to £513.6m.

Holland & Barrett Retail Ltd boasts 672 stores in the UK and 83 international franchise outlets. The wider group operates a total of 1,046 shops in the UK and overseas, including its GNC and MET-Rx sports nutrition brands.

About 740 stores are in the UK and Ireland, with a further 300 owned and franchised stores across Europe and other overseas markets such as Singapore, Malta, Dubai and China.

International CFO Chris Keen said: “Our recent investment in new stores and new propositions puts us in a strong position to further leverage the global trend of healthy living.”