6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
Base business sales growth of 14% contributed $180.4 million to the increase due primarily to the growth in the installed base of swimming pools and 32% growth in complementary product sales. The remaining increase in net sales is attributable to acquired service centers, including the Horizon branches acquired in October 2005.
In the fourth quarter of 2005, net sales increased $89.9 million, or 43%, to $299.8 million, compared to $209.9 million in the comparable 2004 period. Gross profit margin increased 90 basis points to 27.8% in the fourth quarter of 2005 from 26.9% for the same period last year.
Currently, SCP operates more than 240 service centers in North America and Europe, through which it distributes more than 100,000 national brand and private label products to roughly 68,000 wholesale customers.