Office furniture maker delivers strong double-digit growth

Office furniture designer and manufacturing business, Mobili, has reported a growth in turnover and profit.

According to its latest filed accounts for the year ended 31 December 2019, total sales rose 18.6% to £12.7m from £10.7m in 2018.

Gross profit increased from £3.6m to £4.3m, while pre-tax profit jumped 28% to £748,000 from £583,000.

Stated within its report, the company said that it is monitoring the impact of the Covid-19 pandemic but has remained active throughout, albeit at “reduced volumes”.

The business added that it is continually developing new products to further boost market share and growth.