Profit boost at United Carpets in first half of year

Have your say

Carpet retailer United Carpets boosted profit by 300 per cent in the first half of its financial year after reducing the size of the business.

The Rotherham-based group posted a pre-tax profit of £452,000 for the six months ended September 30 compared to £113,000 for the same period last year. The firm has been restructured following a pre-pack administration in October 2012 and reduced the number of stores from a peak of 86 to 60.

Asda's sales have been improving over the past year

Asda reports slower growth