Rug Sales Help Carpetright Profits Despite Decline in Laminate Flooring

Summary


Carpetright - the UK's biggest carpet retailer -yesterday posted improved profits as growth in rug sales helped offset continued decline in demand for laminate floor coverings.

The company said pretax profits lifted 11 per cent to pounds 27.7 million during the six months to October 28 as like-for-like sales cheered by one per cent.

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Extract


Rug Sales Help Carpetright Profits Despite Decline in Laminate Flooring

A promotional programme succeeded in increasing sales of cut-to- length carpets, with Mocha styles repla...

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