Pet goods retailer Pets at Home (LON:PETS) launched a shake-up as its services business helped it rack up higher profits.
Pets, which floated on the market in March 2014 with a 245p per share offer price, said it was creating a new structure including retail and services divisions.
Group finance boss Ian Kellett will head up the retail arm and customer and people director Sally Hopson will lead the services division.
The move follows a 25.2% rise to £63mln in the company's like-for-like revenue from services such as veterinary practices and pet grooming in the year to March 26.
Merchandise revenue rose 8.3% on the prior year, food revenue lifted 9.8% and accessories revenue gained 6.6%.
Underlying pre-tax earnings before interest, depreciation and amortisation increased 9.6% to £121.3mln. The total dividend payable for the year was 5.4p per share.
Chief executive Nick Wood said the company had launched a search for a new finance chief. He said: "With our business growing strongly, we have decided that now is the right time to implement a new divisional structure to drive performance further.
"We look forward to another year of expansion and profitable growth."
Shares in Pets had fallen 12.2p or 4.4% to 267.8p by 11.30 in London, but broker Liberum Capital was upbeat. "Pets has reported strong FY15 results with headline numbers in line," it said.