Textiles firm posts ninth straight year of growth

Textiles supplier Camira Fabrics has reported a ninth straight year of turnover growth as sales surpassed the £70m milestone.

According to its latest filed accounts for the year ended 31 December 2018, total sales rose 15% to £74.6m from £64.9m in 2017.

UK sales rose 13% to £28.5m from £25.2m, whilst sales outside the UK also increased 16.1% to £46.1m from £39.7m year-on-year.

Gross profit increased 10.5% to £29.3m from £26.5m, whilst pre-tax profit resulted at £8.5m, slightly down from its profit of £10.2m the previous year.

Stated within its report, the company said that the UK market continued to perform well with revenues rising due to successful strategies in place, whilst overseas sales surged, particularly in Southern and Central Europe with Germany and Scandinavia reaching record levels.

North America and China also proved to consistent in performance.

Looking ahead, Camira said 2019 has been ‘very strong’ with continued growth in sales and orders across all key markets. It has also strengthened its UK team whilst actively recruiting in the USA and Asia to drive future growth.


New bio-based fabric launches at London Design Festival

19 September 2019

Ultrafabrics, manufacturer of high-performance fabrics, previews its first product with bio-based ingredients, during 100% Design (18-21 September) as part of the London Design Festival.

BFM expands commodity price tracker data

19 September 2019

The British Furniture Manufacturers’ commodity price tracker has been extended to enable members to gain further insight into the cost of goods.

Bathroom business features on Parliamentary Review

19 September 2019

Bathroom manufacturer HiB has been featured as a contributor to the Business and Industrial Strategy publication of The Parliamentary Review.

Vispring, Vitafoam & Harrison Spinks all take top Bed Show awards

18 September 2019

The National Bed Federation (NBF) 2019 Bed Industry Award winners were crowned last night at the Bed Show Gala Dinner.

New appointments and promotions at La-Z-Boy UK

18 September 2019

La-Z-Boy UK has announced its new commercial director, head of marketing and head of independent sales, based at its head office in Maidenhead.