Furniture Village reports sixth consecutive year of growth

Furniture Village has recorded a surge in profits

Furniture Village posted an increase in turnover as losses narrowed in its full-year results despite “subdued consumer confidence”.

 The furniture retailers’ sales were up 1.2% to £265.2m – its sixth year of consecutive growth - during the 52 weeks to March 2019. The furniture chain posted EBITDA of £5.6m up £1.4m compared with the same period the previous year.

Despite tough trading conditions and weak consumer confidence due to Brexit, Furniture Village improved its operating profit by £1.5m compared with a loss the previous year which it attributed to £10m of cost savings due to lower costs from new and revamped stores.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.