Manufacturer of fitted kitchen and fitted bedroom furniture, Symphony Group, has reported a decline in turnover.
According to its latest filed accounts for the year ended 31 December 2024, total sales fell 5.5% to £319.9m from £338.5m in 2023.
Adjusted EBITDA stood at £20.1m, in line with the previous year, while pre-tax profit resulted at £11m, down from £15.1m recorded the previous year.
Stated within its report, Symphony said: “The Company has continued to focus on delivering excellent customer service however due to continued challenging market conditions there has been a modest drop in profitability in 2024.
“The Company continues to maintain a high level of resourcing and investment and as such is well placed to take advantage of any potential market growth in 2025 and beyond.”