Pets at Home reported a 14.1% increase in profit to £120.6 million for the fiscal year ending March 2025, largely driven by a 23.3% surge in its veterinary business segment. This growth highlights the rising demand for pet healthcare services.
However, retail revenue fell by 1.8%, and overall profit from retail operations declined 16.6%, reflecting challenging trading conditions in the consumer retail space.
The company’s performance illustrates the strategic importance of diversifying revenue streams, with services becoming a critical growth driver alongside traditional retail sales