Birmington, England, July 9--Sales at the UK's largest retailer of hardwood and laminate flooring products Floors 2 Go, were up 224 per cent in the first six months of this year.
The company's like-for-like sales were 28.2 per cent ahead, up to the end of June.
The company, which floated on the AIM market earlier this year, said in a trading statement yesterday that its store-opening programme continued with five new stores opened since the beginning of the year.
Floors 2 Go, which had a turnover of pounds 44 million in 2003 and profits before depreciation, interest and non-recurring costs of pounds 4.6 million, announced its entry into Scotland where it will open 16 stores, the majority on prime retail parks, by acquiring 47,000 square feet of self-contained concession space from Texstyle World, a privately-owned retailer of soft furnishings and other household products. Its stores were visited by over one million people last year.
In addition to the planned Scottish expansion, a further six stores are scheduled to open before the end of the current financial year.
Floors 2 Go announces its interim results on September 2.
