Group revenue for the UK remained level at Carpetright over the 52 weeks ending April 27, 2013, dropping 15.5% across the rest of Europe, bringing the total group revenue to £457.6m.
Underlying operating profit soared by 289% in the UK, though a drop of 90% elsewhere in Europe meant the overall figure was £11.4m, up 42.5% on last year. Profit before tax was up 142.5% to £9.7m.

Like-for-like sales increased by 2.2% in the UK, with the core retail business growing by 3.9%. The year saw the refurbishment of 154 stores, taking the total number of fully modernised stores to 186. These stores saw a sales uplift of more than 10%.

The end of the year saw Carpetright trading from 478 UK stores, a reduction of 12 since last year.

Carpetright's chief executive Darren Shapland said: "The group grew underlying profits and generated cash during the year, with an encouraging increase in UK retail store like-for-like sales and a significant improvement in gross profit percentage year-on-year.

"In the rest of Europe, trading conditions in the Netherlands remained difficult whilst progress has been made in the recovery plan for the Republic of Ireland.

"The success of our self-help activities in improving group performance during the period was particularly encouraging, demonstrating that a focus on factors within our control can yield good results.

"While we expect trading conditions to remain challenging, we are confident that the combination of these self-help initiatives will underpin the positive momentum of the group."