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Birmingham Post
Birmingham Post
Business
Jon Robinson

Pets at Home makes prices vow as profits rocket to record levels

Record profits have been announced by Pets at Home as the retail giant promised to maintain its prices competitive despite cost pressures.

The Cheshire-headquartered company has achieved underlying pre-tax profits of £144.7m for the 12 months to March 31, 2022, a rise of 65.3%.

On a reported basis, its profits increased from £106.3m to £148.7m while its like-for-like sales rose by 15.8%.

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