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February 10, 2016 12:07 AM ET

Food and Staples Retailing

Company Overview of Holland & Barrett International Limited

Company Overview

Holland & Barrett International Limited, through its subsidiaries, operates as a retailer of health food and related products in the United Kingdom. It is also involved in the provision of retirement benefits under legacy pension arrangements. The company was formerly known as NBTY Europe Limited and changed its name to Holland & Barrett International Limited in May 2015. The company was incorporated in 2002 and is based in Nuneaton, the United Kingdom. Holland & Barrett International Limited is a subsidiary of NBTY, Inc.

Samuel Ryder House

Barling Way

Eliot Park

Nuneaton,  CV10 7RH

United Kingdom

Founded in 2002

Key Executives for Holland & Barrett International Limited

Chief Executive Officer and Director
Chief Financial Officer and Director
Head of Direct Sales Division
Company Secretary and Director
Compensation as of Fiscal Year 2015.

Holland & Barrett International Limited Key Developments

Holland & Barrett International Announces Earnings Results for Fourth Quarter and Full Year of 2015

Holland & Barrett International announced earnings results for fourth quarter and full year of 2015. For the fourth quarter the company reported net sales increased 6.9% on a reported basis to $230 million, driven by increased volume from existing stores and new store openings. On a constant currency basis, sales increased about 17%. Same-store sales were up 1% for the fourth quarter, but on a constant currency basis, were up almost 11% for the quarter. Income from operations of $47.7 million for the quarter increased about 6% on a constant currency basis, and on a reported basis, was down 2.6% versus prior year. Fiscal year 2015 net sales increased 4.1% on a reported basis to $885.9 million for the same reason. On a constant currency basis, net sales increased almost 14%. Same-store sales were essentially flat for the year on a reported basis, but on a constant currency basis, were up almost 9.5% for the full year. Fiscal year 2015 income from operations of $186 million increased about 5% on a constant currency basis and decreased 2.7% on a reported basis.

Holland & Barrett International Reports Earnings Results for the Third Quarter and Year to Date Ended June 30, 2015

Holland & Barrett International reported earnings results for the third quarter and year to date ended June 30, 2015. For the quarter, the company's sales increased 5% in dollars and 17% in constant currency due to more successful promotional activity and new stores. Same-store sales increased 12.4% in constant currency. Operating income declined 5% to $46 million primarily as a result of foreign exchange. Operating income was up 5% in constant currency. For the nine months, the company delivered 3% sales growth in dollars and 13% growth in constant currency, with same-store sales growth of 9.2% in constant currency. Operating income declined 3% primarily due to the foreign exchange. In constant currency, operating income increased 5%.

Holland & Barrett International Limited Announces Executive Changes

Holland & Barrett International Limited announced Harvey Kamil resigned as a director of the company on 28 February 2015, Dipak Golechha was appointed as a director of the company on 28 February 2015, Carolyn McMenemie was appointed as a director of the company on 1 April 2015, Martin Moran was appointed as a director of the company on 1 April 2015 and Kyle Rowe was appointed as a director of the company on 1 April 2015.

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