Carpetright has revealed its full-year pre-tax profits will be ahead of expectations after strong UK sales and the European turnaround.
The retailer expects to see a £13 million pre-tax profit in June, up from a profit of £4.7 million in its last financial year. Profit in Europeans operation has undergone a £4 million turnaround.
Neil Page, Carpetright’s chief financial officer said: “That is a significant turnaround and now it is about building on the sales growth because we have achieved that with sales that have been slightly negative in the whole year.”
