Like-for-like sales orders were up by 3.4 per cent for the year ending April 2.
In a pre-close trading statement issued today, the leather sofa retailer said the results were down to significant sales growth and improved gross margins in the second half of the year.
The group also said its store development plan is on track, with nine new outlets opening in April and May, including three in the Republic of Ireland. It operates out of 72 locations.
Chief executive Paul Bryant said: 'Our continuing success is based on our position as the UK's only retailer that specialises solely in retailing leather sofas combined with the appeal of our strong value-led offer.'
Investec Securities analyst Mark Charnock said: 'The update is in line with expectations. A key plus is the growing pipeline of new stores, with nine openings in the next two months. This bodes well for continued organic growth.'
The company will announce its preliminary results on May 24.
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