HomeBusiness NewsBrockway saw turnover decline in year to March 2025

Brockway saw turnover decline in year to March 2025

According to recently released financial results, Brockway Carpets saw its turnover fall from £17m to £14.8m between the year to March 2024 and 2025. According to its account filings, the directors of the company are “satisfied with its performance during the year”.

The directors pointed to “ongoing manufacturing cost inflation” as a cause of the lower figures, noting that the company made a decision to absorb part of the cost increases in order to maintain customer relationships at the cost of reduced profitability. As such, the company’s operating profit fell from 5.3% in 2024 to 2.6% in 2025.

On the positive side, the directors note that where the company has refreshed its ranges, sales have “responded positively,” growing ahead of the market. They assure that the company’s finances were handled carefully throughout the year and say this has left the company in “a strong position to continue to invest in product developments and market activity”.

Regarding future developments, the company’s management team is focused on refreshing the brand’s core ranges while developing new products. It also aims to develop a stronger presence in the independent retail sector, focused around the company’s two brands, Brockway and FloorLove. The distinct product offers of these two brands are said to allow the company to “compete across all segments of the woollen flooring market.”

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