Return to profit at tile supplier

Tile business Tile Giant has reported a decline in sales but a return to profit.

According to its latest filed accounts for the year ended 31 December 2019, total sales dipped 5% to £48.5m from £51.1m in 2018.

Gross profit increased from £23m to £23.53m, while its pre-tax profit resulted at £564,000, significantly improving from its loss of £7.7m recorded the previous year.

Stated within its report, the company said that despite not being able to trade in the normal manner due to the ongoing pandemic, it delivered a strong result.