Family furniture business grows sales and profit

Family-run furniture store Andersons of Inverurie has reported a growth in sales as profit more than doubled.

According to its latest filed accounts for the year ended 31 October 2021, total sales rose 19.5% to Ā£9.8m from Ā£8.2m in 2020.

Gross profit increased from Ā£3.7m to Ā£4.2m, while pre-tax profit resulted at Ā£1.1m, up 168%, from Ā£410,000 recorded the previous year.

Stated within its report, the company said overall performance was ā€˜good despite the three month closure with margins maintainedā€™.

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