Green light given for local centre at Wellingborough’s Stanton Cross
Nottinghamshire County Council elects new leader
East Midlands Combined County Authority’s Business Advisory Board meets for first time
Free business support to improve energy efficiency in the East Midlands
- Premises Energy audits designed to help identify energy efficiency improvements and opportunities to reduce costs. Audits typically involve a one-to-three-day site visit (depending on the size or complexity of the business) to review energy usage assets and gas/electric consumption pattern (as well as fuel consumption for businesses with a large fleet of vehicles). Findings are collated into an energy savings report which not only helps reduce energy wastage but is useful supporting evidence for grant applications.
- £2,000 Growth vouchers towards the cost of specialist consultancy or bespoke training supporting the adoption of energy efficient practices that lead towards the development or implementation of a decarbonisation plan.
- Training, both in-person and online, to help businesses gain green business skills and plan their journey towards carbon neutrality, including the one-day certified course on Carbon Literacy taking place on Tuesday, 21st January.
- Energy reduction workshops at Toyota Motor Manufacturing offering practical demonstration and shop floor observations with Toyota’s energy specialists, the next of which takes place on Thursday, 13th February.
- Access to online sustainability platform Zellar to help showcase the real-time environmental impact of activities and to produce a decarbonisation plan.
Aggregate Industries’ dome silo is inflated for the first time
Mather Jamie appoints Rural Estates Assistant
Chesterfield’s Superior Wellness expands with new U.S. headquarters
FPA Consulting appoints new Business Administrator
Lincoln business celebrates 10 years of gourmet gifting with £3m turnover, expansion and ambitious growth plans
First half revenue rises at Watches of Switzerland
Revenue has risen at Leicester-based Watches of Switzerland Group during the first half its financial year.
In the 26 weeks to 27 October 2024 (H1 FY25) group revenue rose to £785m, from £761m in the same period last year.
Profit before tax, however, was down at £41m, from £67m last year.Brian Duffy, Chief Executive Officer, said: “We are pleased to report H1 FY25 revenue growth of +4% in constant currency reflecting an encouraging improvement in trading in Q2, driven by growing demand in the UK and US, and consistent growth in client registration lists, along with the acquisition of Roberto Coin in the period.
“As previously outlined, in Q1 we increased showroom stock levels of key brands to enhance displays and client experience, particularly in the US. With the stock rebuild complete, in Q2 we drove significantly improved US revenue of +24% (constant currency) and revenue in the UK market turned positive.
“Price increases from brands in the half have been modest, and this has also positively influenced consumer sentiment. Consequently, overall Group revenue increased +11% in Q2, in constant currency.
“Our newly acquired Roberto Coin business in North America has traded strongly since acquisition and is now making a good contribution to our Group. Integration is progressing well, and growth plans are underway.
“We are also encouraged by the performance of the Rolex Certified Pre-Owned programme and the sustained growth in our overall pre-owned business. Additionally, we acquired Hodinkee, a leading global digital platform for luxury watch enthusiasts, further strengthening our online sector leadership. Integration is progressing in line with our expectations.
“Q3 trading has started encouragingly, and we have continued with our showroom transformation programme. Looking ahead, key showroom openings in H2 include the flagship Rolex boutique in Old Bond Street, London; Audemars Piguet Town House, Manchester; Rolex introduction in Plano, Texas, and a reintroduction in Jacksonville, Florida; and the conversion of Mayors Lenox, Atlanta, to a Rolex mono-brand boutique.
“Our trading momentum through November, visibility of intake and second half opening of large showroom investments support our full year guidance, which is unchanged.
“This year marks the centenary of Watches of Switzerland, celebrated with a number of exclusive products, and we extend our gratitude to our colleagues for their unwavering dedication and exceptional client service throughout the year.”