Carpet maker returns to profit as sales surpass £80m

Bradford-based carpet manufacturer Abingdon Flooring has reported a growth in turnover as sales surged past £80m.

According to its latest filed accounts for the year ended 28 March 2020, total sales rose 7% to £82.1m from £76.3m in 2019.

Gross profit increased from £22.6m to £26.6m, while pre-tax profit resulted at £1.2m, significantly improving compared to its loss of £998,000 recorded the previous year.

Stated within its report, the company said that sales rose due to consistent product enhancements and improvements in service to customers.

The product offering has been streamlined and enhanced to ensure “quality and value” to customers, while the Victoria plc distribution arm has delivered above 90% of orders within three days of order.