Made.com has posted sales of £91 million for the year to 31 December 2016. This was an overall increase of 48 per cent to £91 million, with UK sales growing by 38 per cent. The UK business had also returned its first profit. Founded seven years ago and now active in seven countries, the online and showroom based home furnishings retailer is poised to launch in Austria next.
“Our latest published financial results show sales fast approaching £100 million, demonstrating our scale and proving that the online business model works as operational leverage becomes evident. Wile our primary focus continues to be on winning pan-European market share in order to optimise this sizeable long term opportunity, the UK’s move into profitability is a significant moment in the groups evolution,” commented CEO Philippe Chainieux.
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