Carpetright Sees Annual Profit Rise

London, England, June 29, 2010--Britain's carpet and floor covering retailer Carpetright reported Tuesday a 33.5% increase in pre-tax profit for fiscal 2010.

The company reported strong revenue growth mainly in the UK and Ireland region.

In addition, the company doubled its final dividend.

Pre-tax profit for the 52 weeks ended May 1 grew to $33.5 million from $25.1 million last year.

Underlying pre-tax profit for the year, which excludes exceptional items, surged 64%.

Total annual revenue increased 7%.