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Made.com posts 58 per cent profit boost

Furniture retailer Made.com has seen profits soar nearly 60 per cent in the last year as it continues to grow its penetration in international markets. In the 12 months to December 31 2016 sales jumped 48 per cent to £91 million, while gross profits jumped 58 per cnet to £49.3 million. READ MORE :  DFS warns of “significant declines” in footfall and orders Meanwhile adjusted EBITDA saw losses reduced 38 per cent to £3.8 million, and its gross profit margins rise 330 basis points to 54.1 per cent

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