UK performance rebounds strongly at Scandinavian manufacturer

Scandinavian furniture manufacturer EKornes, owner of the Stressless brand, has reported a growth in UK sales and profit.

According to its latest filed accounts for the year ended 31 December 2021, total sales within its UK division were up 19.1% to Ā£21.8m from Ā£18.3m in 2020.

Gross profit increased from Ā£3.8m to Ā£4.6m, while pre-tax profit resulted at Ā£552,000, up from Ā£426,000 recorded the previous year.

Stated within its report, Ekornes said the first quarter was ā€˜toughā€™ due to the pandemic restrictions, but sales ā€˜rebounded stronglyā€™, aided by the ā€˜home nesting effectā€™.

ā€œThe strong performance in the second half of the year resulted in a record open order book heading into 2022,ā€ the company added.

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