flooring stock

Flooring group sees UK sales rise

The UK division of global commercial flooring company, Interface Inc., has reported a growth in sales.

According to its latest filed accounts for the year ended 31 December 2021, total sales rose 9.7% to £7.9m from £7.2m in 2020. Pre-tax profit resulted at £381,000, up from £362,000 recorded in the previous year.

Stated within its report, the company said it felt “little negative impact” from the Covid pandemic, with both sales and profit increasing compared to pre-pandemic levels.

“Further recovery is expected for 2022. We are now over the worst impacts of Covid. We will continue to feel the impact of the pandemic for many years, but these are expected to be considerably smaller than the wide scale lockdowns that we experienced. Though we do monitor the developing situation in parts of China with some concern.”

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