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Carpet manufacturer Brockway enjoyed double-digit sales growth in 2013–14 though weaker margins hit profits.


The Kidderminster based producer posted 13 per cent revenue growth to reach £12.3m in the year to end March, its highest top line since 2010–11 (£13.4m).


However, gross margin declined 190 basis points to 27.6 per cent, with the privately owned company registering a pre-tax deficit of £97k (2013: +£6k).


It generated a net £41k cash from operations (2013: £269k) though used £86k overall as net cash declined to £273k (2013: £355k).


* all figures from the consolidated accounts of the holding company



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