The Hut Group sales up 33%

Endaba Group

The Hut Group have announced a 33% increase in full-year profits as international sales accounted for more than 50% of revenue for the first time. The etailer unveiled EBITDA in the year to December 31 2015 hit £30m, and group sales rose to £334m, an increase of 35%. During the period, the group launched 22 new websites, and have own a total of 72 sites selling a broad range of products. The Hut Group’s £12m investment in technology has undoubtedly been a great success, and they expect to generate an extra 2,000 new jobs over the next 3 years as they continue to expand.