Carpetright group pretax profit fell from £11m to £9.8m in the 26 weeks to October 30.
Underlying pretax profit dropped from £13.9m to £10m.
Total group revenue declined 3.9% to £248m.
In the UK & Ireland total revenue declined 2.7% to £207.6m, with like-for-like sales down 6.1%.
Underlying operating profit slumped 31.9% to £9.6m.
Chairman and chief executive Lord Harris of Peckham said: “The economic and consumer environment remained challenging in the first half. Against this backdrop, the group continued to trade profitably and generate net cash.”
Carpetright said despite the tough economic backdrop it remains committed to long-term growth plans including primarily focusing on floor coverings, developing a competitive bed proposition, managing its store portfolio, expanding selectively in continental Europe and reaching more customers through additional sales channels.
Harris said: “Whilst we remain cautious about the retail market in the balance of the financial year and throughout 2011, the board has confidence that the group is well positioned to capitalise on opportunities when consumer demand in our sector improves.”
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