MKM plans branch expansion
Published: 09 September, 2011
HULL: MKM says its expects full year turnover and profits to rise, despite the tough economic climate, with sales of £132.6m, up £3.1m on the year to September 2011 compared to the previous year. It expects before tax earnings of £8.9m, up £1.1m on last year.
MKM expects to open 10 branches in the next 18 months. The company, with a core repair and maintenance market is to re-build its Anlaby branch in East Yorkshire and build new offices at its headquarters on Hull.
David Kilburn, chief executive said Scotland was an "area of opportunity" for MKM, which has traditionally been "east coast centric". "We are extremely pleased to be embarking on an exciting plan of expansion over the next two years. Our Perth branch kick-starts all our plans.
"We haven't opened a new branch since we opened our Dereham branch two years ago."
New branches will be located in Scotland, the North West, Midlands and the South of England."