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West Midlands sofa factory ACL enjoyed a big leap in profits in the year to end March despite a softer top line performance.


The firm — which does most of its business with national sofa specialist ScS — grew profits by 77 per cent to £668k at the pre-tax line.


That was largely the result of a lower cost base and a 130 basis improvement in gross margin to 29.1 per cent. Sales at the upholstery producer declined 5 per cent to £12.9m.



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