By Hugh Radojev2019-10-01T06:21:00
ScS has said its financial health “has never been as strong”, following a year which saw both its profits and sales rise.
The furniture and flooring retailer reported a 4.6% uptick in underlying operating profit to £14.3m in its preliminary results for the 52 weeks ending July 27, 2019.
The retailer saw underlying EBITDA improve to £19.7m, while operating profit from continuing operations also inched up to £13.9m, up from £13.7m the previous year.
ScS boss David Knight said the group’s financial health “has never as strong” and hailed a year of “good progress” for the retailer.
Please sign in now if you have a subscription
Retail-Week.com 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:
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.