Record UK revenues at Scandinavian manufacturer

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

According to its latest filed accounts for the year ended 31 December 2022, total sales within its UK division were up 33.4% to £29.1m from £21.8m in 2021, adding to its growth of 19.1% from £18.3m in 2020.

Pre-tax profit resulted at £1.3m, up from £552,000 recorded the previous year, marking another uptick from £426,000 in 2020.

Stated within its report, Ekornes said the first quarter started ‘very strong’ however inflation and the war in Ukraine slowed orderflow back to pre-pandemic levels for the remainder of the year.

“Due to the record order book at the end of 2021, along with the nature of our business being made to order, meant that the slower market conditions did not really impact on our revenue in 2022, resulting in the business delivering record levels of revenue.”

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