MKM Building Supplies to open new branches

Published:  18 April, 2013

MKM Building Supplies is on target to open new branches this year.

David Kilburn, MKM Building Supplies chief executive, said: "Although profitability reduced slightly, this was due to significant investment in opening two new branches just prior to our financial year end.

"Since that time, trading has remained strong and sales are ahead of the same period last year, despite continued challenges in the marketplace, exacerbated by the prolonged stretch of cold weather.

"Last year, we concluded a comprehensive refinancing package with Lloyds Bank and our business model is robust, as demonstrated by our performance throughout the downturn, so we remain optimistic for the future and are confident of meeting our target to open three or four new branches in this financial year."

Last year, the Hull-based merchant increased its sales by 5 percent to £140m from £133m.

Sign Up

For the Builders' Merchants News enewsletter.

In the spotlight


Builders Merchants Vacancies – UK Wide

We work closely with the National and Large Independent Builders Merchants as well as Manufacturers & Distributors. We have vacancies all over the UK for those who work within the Building Supplies sector.

Guest Blog by Simon Damp

Is DIY a lost art?

As time goes by, the art of do-it-yourself when it comes to activities around the home and garden is fast becoming more and more of a lost art.