Smart Garden Products has been been listed in the Financial Times’ FT 1000, a special report listing European companies that have achieved the highest percentage growth in revenues between 2013 and 2016.
Along with 156 other companies from the United Kingdom, Smart Garden Products is the only UK garden supplier company to make the list.
With an annual compound growth rate of 36.5%, absolute revenue growth of 154%, and revenue in 2016 of over £30m, Smart Garden products was ranked 953 out of the 1,000 European companies.
Jonathan Stobart, managing director, said: “This is an extraordinary achievement, particularly when set against the backdrop of economic uncertainty and Brexit. However, we have always set our sights high, giving ourselves demanding targets to meet. We have not only achieved these but exceeded even our most optimistic expectations.”
To be included in the list of Europe’s fastest growing companies, a company had to meet the following criteria:
- Revenue of at least £100,000 generated in 2013
- Revenue of at least £1.5m generated in 2016
- Revenue growth between 2013 and 2016 primarily organic