Posing with pride at HPS Chichester.
Four branches and record sales at HPS
Published: 05 March, 2010
EAST SUSSEX: HPS Heating Plumbing Supplies announced a year of record sales for 2009. Sales were up on 2008 by 8% to £33 334 000, although profits were slightly down (£1.2m), reflecting the tougher market conditions.
"Despite a difficult year HPS has continued to invest in branch expansion with another four branches opened during 2009 at Ashford, Christchurch, Lymington and Poole, said sales director Peter wilson.
"I am confident we can expect to see growth in our sales and profits this year. In addition, we will continue to invest in new branch expansion when we come across suitable opportunities as well as further developing our existing web sales."
A further branch has already opened in Chichester, West Sussex.
"We also anticipate a rapid increase in sales of renewable products over the next 18 months and are looking to position ourselves accordingly," Mr Wilson said.