Clothing and homewares retailer The White Company has revealed a strong Christmas trading period as its full year profits soar 31% to £7.9m.
Total sales in the 9 weeks to December 26 rose 10%, with growth in bedroom, gifts and the Little White Company driving sales.
The retailer said it also benefited from tightly managed stock control and improved margins.
In the year to March 28, 2009, sales jumped 15% to £80.2m while EBITDA rocketed 31% to £7.9m.
Six new stores opened in the year and have traded “in line with management expectations”.
The White Company said it is “financially robust” and has a “solid platform for future growth” but added it remains cautious of the “continuing uncertain economic climate”.
White Company managing director Patricia Alford-Burnett said: “We are delighted with The White Company’s performance in what has been widely recognised as a very difficult trading environment for the retail industry.
“We are committed to our strategy of continuing to build a successful multi-channel business with a unique brand proposition, delivering the finest quality products at outstanding value for money.”