July 13

Carpetright shares soar 12 per cent as sales rise

first_imgImproving economic sentiment lifted sales at Carpet right and its shares have soared by more than 12 per cent today. The figuresCarpetright — the retailer which kits out homes with carpets, rugs and flooring — said group revenues rose 2.6 per cent to £227.9m for the six months to the end of October, up from £222.2m in the same period last year. The company said that UK revenue rose 5 per cent but this was dragged down by a weaker performance in Europe where revenue fell 9.4 per cent.Why it’s interesting Carpetright has contended with profit warnings as well as the unexpected departure of its chief executive in recent years so these results are something of a turnaround.The company said “[in the UK] improving economic data has begun to feed through into consumer confidence and this is being reflected in consumer spending in our categories.”Nonetheless its outlook did flag potential pitfalls in relation to political and economic developments in the UK and Europe more generally. In May the UK will go to the polls amid an increasingly fragmented mainstream political scene. Additionally, there first signs of a cooling in its once-hot housing market are beginning to emerge. Beyond this, the Eurozone is facing something of an economic quagmire, with dangerously low inflation rates and anaemic economic growth.What Carpetright saidWilf Walsh, chief executive, said:We believe that, with a well researched and well executed strategy, we can begin to reshape Carpetright to ensure the business fully capitalises on its market leading position.These changes will take time to take full effect but we are absolutely focused on maintaining the recent improvements in the performance of the Group, as well as devoting our energies to revitalising our brand and operations in line with contemporary customer expectations.As a team we are excited by the potential that exists and are concentrating hard on executive of this new strategy as we enter 2015.In shortAfter struggling since the global financial crisis Carpetright could finally out of the woods as it looks to revitalise its brand in the new year.  by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Herald Tags: NULL whatsapp Monday 15 December 2014 11:23 am whatsapp Carpetright shares soar 12 per cent as sales rise center_img Share Show Comments ▼ More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com Jessica Morris last_img

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Posted July 13, 2021 by admin in category "trhouykxc

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