£ 3629034.78
 

Available Funds:
£ 2643889.83

Funds Donated to Date:
£ 985144.95

 

Nisa reports positive trading figures

10/01/2012

Nisa is pleased to announce an excellent year to date of trading, with sales increasing by 3.1% for the 39 weeks from April 2011 until December 2011. This figure helps to emphasise the strength of the company in the current economic climate.

This 3.1% increase is exceptionally pleasing in that existing members are purchasing an increasing amount of products through Nisa’s Central Distribution Services (CDS). This was evident over the Christmas trading period. For the five week period running from 5th December until the 1st of January, like for like sales were up 16.6% and volume increased by 11.8%.

The categories which achieved the most like for like growth throughout December include:

·         Confectionery increased 6.8% in value

·         Licensed products increased 14.9% in value

·         Seasonal biscuits increased 15.8% in value

Nisa has experienced some loss of business during the current financial year, due to Mills and Sandpiper selling large parts of their estate and the failure of Haldanes. These members represented only 6% of sales through CDS and the underlying health of the business is good, which is evident through the like for like sales to existing members and the continued company growth even after taking into account these business losses. 

John Sharpe, managing director of central distribution, trading & logistics, commented, “We are extremely pleased to report positive trading results at a time when trading conditions are proving difficult for all businesses. This is a result of a combination of factors including excellent retailers in Nisa membership, strong central support and excellent deals secured by the Nisa trading team. We look forward to this continuing throughout 2012.”

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