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Zenith Hygiene announces record year

13th Jun 2016 - 09:44
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Zenith Hygiene announces record year
Abstract
Zenith Hygiene Group, the UK independent manufacturer, supplier and distributor of cleaning and hygiene chemicals and products, has announced revenue growth of 8.4% to £53.2 million in its full year results for the year ended February 29th 2016.

The results find significant increase in EBITDA, which is up 48.3% to £4.9 million. Profit before tax increase by 104% to £2.8 million.

Stanley Fink, chairman of Zenith Hygiene Group, said: “This has been a very exciting year for Zenith Hygiene. These strong results are testament to our successful strategy of both organic and acquisitive growth and driving further efficiencies to improve operational gearing.

“Looking back over the year, we have successfully identified and completed two value enhancing acquisitions and will continue to evaluate additional opportunities as they arise. We have also focused our efforts on strategically growing our international operations, both as a standalone business and in conjunction with our customers.

“All of this would not be possible without the hard work and dedication of our employees who are central to our success, as well as our customers who continue to place their trust in our business. We would like to thank them for their continued support.”

Zenith acquired Rose Hygiene Products Limited in February 2016 and Advanced Cleaning and Hygiene Supplied Limited in April 2015. 

Written by
PSC Team