This appears to be a daring move as Leapfrog is not yet a profitable company and the stock market has not been performing well of late. The group does have the advantage, however, of owning the freehold of most of its nursery buildings, making it a more attractive proposition. The flotation is a significant event for the nursery sector, showing how far it has matured, and it will be watched with great interest by the City and by other nursery chains. Its success or failure will affect how the whole sector is viewed and valued.
The biggest challenge among all this expansion is, of course, to keep quality high - and that means being able to attract and keep good staff amid the current shortages. That's probably a more daunting prospect than a flotation for most at the moment!
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here