Studio’s boss says home improvement trend continuing as full-year profits soar

Studio furniture

The digital value retail business reported a stellar increase in revenues as consumers headed online in their droves during the pandemic.

The company’s pre-tax profit for the year to March 26, 2021 stood at £48.8m, up 513% from £6.8m, while EBITDA grew 49% to 72.7m, driven by sales of home and leisure products according to chief executive Paul Kendrick.

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