Carpetright has posted an 11 per cent fall in annual profits, hit by a slowdown in the UK housing market last year.
The carpet and floor coverings retailer said pre-tax profits for the year to April 29, fell from £72.5m to £64.2m. It came as total sales slipped more than 2 per cent to £451.4m after a weak first half more than offset a recovery in the second half when sales were up 4 per cent.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article