Sector leader Carphone Warehouse is up from fourth, thanks to strong sales of smartphones. First-half revenues in the core business rose 22% to £193m, but the closure of its Best Buy JV – too late for our survey – is bound to take its toll. International car distributor Inchcape comes in second, with third-quarter revenues of £1.5bn and rising demand for luxury cars in China. Profits at Cheshire-based Pets at Home rose 10.7% to £517.8m in 2010, although CEO Matt Davies stepped down in October. WH Smith is down two to fourth, despite annual profits of £93m on the back of continued cost-cutting. Last year’s sector winner Mothercare crashes to seventh, losing boss Ben Gordon after a profit warning in October.
BMAC 2011 by sector: Retailers (specialist)
|Pets at Home||7.1||2||6.3||8||6.4||7||6.4||3|