Pets At Home FY Profit Jumps

Pets At Home Group PLC posted a gain in its profit for the full year. Pets At Home's profit before tax for the year climbed to 86.97 million pounds ($134.6 million), versus a year-ago profit of GBP22.51 million. Profit climbed to 72.17 million pounds from 13.55 million pounds. Trading EPS rose to 13.5 pence from 0.5 pence. Its revenue increased 9.6 percent to GBP729.1 million, while like-for-like revenue surged 4.2 percent. Underlying EBITDA jumped to 121.3 million pounds from 110.7 million pounds. Pets At Home announced its plans to pay a final dividend of 3.6 pence per share. The company named Ian Kellett as chief executive of Retail Division and Sally Hopson as chief executive of Services Division.