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Zenith Hygiene reports revenue growth of 25%

15th May 2017 - 09:53
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Zenith Hygiene reports revenue growth of 25%
Abstract
Zenith Hygiene Group, supplier and distributor of hygiene products to the hospitality sector, has reported revenue growth of 25% in the company’s sixth consecutive year of double digit growth.

In the year ended February 28th 2017, Zenith reported a 34% increase in adjusted EBITDA compared to the previous year.

Zenith completed three acquisitions and gained new contract wins with The Restaurant Group and Ei Group.

Ringo Francis, CEO of Zenith Hygiene Group, said: “The start of the new financial year has been promising, with further significant contract wins. Whilst there continues to be uncertainty following the UK’s decision to leave the EU, we also see this as a significant opportunity to become the supplier of choice.

“A combination of significant investment in infrastructure and our solid business model means we’re confident that we can mitigate any substantial price increases all while providing a fully integrated offer and economies of scale.”

Zenith has over 4,000 customers operating in more than 20,000 sites across the UK. 

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