HPS announces branch openings and record sales
Published: 11 March, 2016
Heating Plumbing Supplies (HPS) has announced record sales and profits for 2015. Sales for the period comprising January to December 2015 were £53.1m up from £48.1m reported in 2014, whilst profits were £4.4m up from £3.7m in 2014.
In addition, two new branches are planned for openings in early 2016. HPS Millbrook in Southampton will open on Monday 21st March and will be managed by Dan Drinkwater, whilst HPS Rochester in Kent will open on Monday 18 April and will be managed by Peter Godden.
This brings the total number of HPS branches trading to 33. Both of the new branches will incorporate full bathroom showrooms, which brings the total number of showrooms in the company up to 10. To coincide with this growth, the company’s head office is also being relocated in May 2016 to much larger premises adjoining the exiting building in Newhaven, East Sussex.