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Lighting supplier grows sales with exports accelerating

Lighting supplier Poole Lighting has reported a growth in sales as turnover climbed towards £60m.

According to its latest filed accounts for the year ended 31 December 2021, total sales rose 15.9% to £57.8m from £46.4m in 2020.

UK sales were up 20.6% to £53.8m from £44.6m, while EU sales rose 122% to £4m from £1.8m.

Gross profit increased from £15.4m to £18.5m, while pre-tax profit resulted at £6.9m, down from £8.3m recorded the previous year.

Stated within its report, the company said that the year was a positive period despite global supply chain challenges and was able to continue to supply customers with products on time and in full.

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