Annual Report and Accounts

The report describes a difficult 2024 trading year for the company, with Group revenue down 9.7% to £593.1 million, alongside accelerated transformation and simplification of its operations. It also reports aligned Scope 1, 2 and 3 targets for net zero by 2040, a 46% Scope 1 and 2 reduction against the 2019 baseline, and a 42% Scope 3 interim reduction target against a 2023 baseline. Sustainability highlights include the Northampton flooring recycling centre, ISO 14001 certification at national distribution centres, improved waste management, and a trainee fitter programme supporting skills development. The company also reports a 5-point improvement in colleague engagement to 72%.