David Ormerod’s profits continue to grow
David Ormerod Hearing Centres achieved £30m in sales for the financial year ended September 2007 and projects growth to £36m for 2008.
The company, which operates from 200 locations nationwide including Boots high street stores, NHS hospital audiology departments and standalone centres, said group sales rose by 42% from the financial year 2006 to 2007 through increased market share, expansion of the store network and acquisitions.
It took on 65 new staff at various UK locations during the course of last year and says there will be fresh employment opportunities this year as the business continues to grow.
In particular, it is currently recruiting an additional 14 people in a variety of roles at its head office in Llandudno.
David Ormerod Hearing Centres was set up in 1961 and is one of the top three businesses in the UK within the independent sector for hearing aid services. Swiss hearing-aid maker Phonak last year acquired a 49% stake in the company.
Since buying Boots Hearingcare in 2003, David Ormerod has supplied digital hearing aids customers at its own-branded centres inside the Boots stores. It also offers services in private and NHS hospitals.
Read the original article in full.
