Profits rise by 60% at flooring supplier

Flooring supplier Flair Rugs has reported a growth in turnover and profits.

According to its latest filed accounts for the year ended 30 June 2019, total sales rose 1.1% to £26.8m from £26.5m in 2018.

The company recorded a pre-tax profit of £594,000, representing a growth of 63.1% on its previous year’s figure of £364,000.

Stated within its report, Flair said that its long standing UK customer base contributed to its sales growth.