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In the 26 weeks to October 31st the retailer recorded a figure of £13.9 million, prompting chairman and chief executive Lord Harris of Peckham to describe the firm's performance as "significantly improved".
However, the news prompted Carpetright to decline during stock market trading today (December 15th), with its stock 1.14 per cent lower at 192.5p by midday.
Total sales across the UK and Republic of Ireland over the six month period were up 9.6 per cent, while like-for-like transactions rose 3.9 per cent.
At its stores in the rest of Europe total sales were up 5.9 per cent, however the like-for-like statistic was down 3.9 per cent.
The firm also revealed it has reduced its net debt by £23.7 million to £73.4 million, which, Lord Harris remarked, has given the company "a firm base for the continued growth of our business".
Posted by Greg Secker
