Norfolk Leisure Lifestyle, a supplier of garden furniture and accessories to garden centres and online retailers across the UK, has reported a growth in turnover as sales climbed towards £40m.
According to its latest filed accounts for the year ended 30 November 2022, total sales rose 22% to £38m from £31m in 2021. Pre-tax profit resulted at £2.5m, down from £4.2m recorded the previous year.
UK sales were up 31% from £27.6m to £36.2m, while EU revenues fell 48% to £1.7m from £3.3m.
Stated within its report, the company said Adjusted EBITDA was £3.6m compared to £3.8m in 2021 and that it continued to invest in its site and people to improve efficiency of the offices and warehouse.