Profits more than doubled at Victorian Plumbing during the first half of its financial year.
The Skelmersdale-headquartered company has posted pre-tax profits of £5.6m for the six months to March 31, 2023, up from the £2.7m it made during the same period in 2022.
Its revenue also increased from £133.9m to £146.8m over the same time.
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Victorian Plumbing also saw an increase in its total orders as well as the average order value.
Founder and chief executive Mark Radcliffe said: "Momentum from our strong delivery in the latter part of FY22 has built into the first half of this financial year.
"We have further increased our market share, building on our position as the UK's No. 1 bathroom retailer, through our strategy and unique business model, which have remained constant since IPO.
"We are proud of our investment in a wide range of products, knowing customer choice is ever more important when considered against cost-of-living pressures.
"We continue to offer good product availability, underpinned by careful inventory management.
"Our new UK distribution centre will represent another key milestone and, together with on-going investment in technology, this will enable further growth in the core bathroom category as well as strategic expansion in adjacent categories.
"Victorian Plumbing's robust business momentum, high cash generation and strong balance sheet supports the announcement of our first interim dividend."
On its outlook, the company said: "Consumer demand in April and the early part of May remained robust, with order volume led growth and continued increase in our market share.
"Gross margin continues to improve as the tailwinds from shipping and foreign exchange movements begin to cycle through.
"We remain mindful that our customers still face a series of inflation related headwinds, however, with our resilient trading and market-leading proposition we remain confident in delivering expectations for the full year."
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