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Zenith reports significant growth and international expansion opportunities

19th Aug 2015 - 10:35
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Zenith reports significant growth and international expansion opportunities
Abstract
Zenith Hygiene Group, an independent UK manufacturer of cleaning and hygiene products, has announced it full year audited results for the year ended February 28th 2015.

Revenue has increased 15% to £49,108 and EBITDA is up 36% to £3,277 from £2,415.

The group has reported 95% year-on-year customer retention rate with an average contract length of 3 years.

Ringo Francis, chief executive, said: “Our growth is founded on good customer service and competitive prices, which has allowed us to build our success upon long term relationships with suppliers and customer partners along with the acquisition of new customers.

“For nearly 20 years the group has been a trusted supplier of quality UK manufactured cleaning and hygiene products to a wide range of customers and market sectors.

“This is the fifth consecutive year of EBITDA growth. The group has achieved a strong set of results for the year, which leaves the group well placed for further significant growth.”

As part of the group’s strategy, Zenith Hygiene has started to establish footprints in overseas markets where its customers have a presence, and this strong growth is set to continue.
 

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PSC Team