Hull-headquartered independent builders’ merchant MKM delivered a 24 per cent increase in sales in the year it opened its 100th branch.
Turnover hit £818 million in the year to October 2022, a significant uplift on the previous period’s revenue of £658 million. Profits increased by 7.3 per cent, in line with expectations, to £91 million.
Employee numbers also passed the 2,500 mark, up 14 per cent, as 12 locations were added to the huge portfolio. Nine new branches opened with three acquired in a frenetic year for the company. And since the year end, six further branches have launched, taking the total to 109.
