Home / News / HPS hits another record

HPS hits another record

Southern independent heating and plumbing merchant Heating Plumbing Supplies (HPS) has announced record sales and profits for 2015.

HPS hits another record

Sales for the year ending December 2015 were £53.1m, rising from £48.1m in 2014, whilst profits were £4.4m up from £3.7m in 2014.

The company is planning to open two new branches 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 existing building in Newhaven, East Sussex.

About Fiona Russell-Horne

Group Managing Editor across the BMJ portfolio.

Check Also

028 sf stelrad ltd mexboroughLR

Stelrad buys DL Radiators

Radiator manufacturer Stelrad, has entered into an agreement with De Longhi Industrial S.A to acquire …