Mattress manufacturer grows sales to over £50m

Luxury mattress manufacturer Vispring has reported a growth in sales and profit.

According to its latest filed accounts for the year ended 31 December 2022, total sales rose 11% to £53.2m from £47.7m in 2021. Pre-tax profit resulted at £18.8m, up from £15.1m year-on-year.

Stated within its report, the company said that domestic sales increased by 1% where 2021 had included pent-up orders from the year before, and export sales rose by 20%, with strong growth in demand from Europe.

UK sales represented £21.1m of turnover, up from £21m, while EU revenues stood at £15.7m, up from £12.7m. Sales for the rest of the world increased from £13.9m to £16.2m.

During the year, Vispring increased its headcount by 18 to cope with the increased demand with staff numbers growing to 224.

Save this article for later

You can revisit this article if you save it as favourite news!

Leave a Comment

MORE ARTICLES