No troubled waters for £40m furnishings chain as bed sales help it to 18% uplift

1st March 2010

Soft furnishings retailer Paul Simon says a full year of bed sales helped it grow turnover by almost a fifth in the year to 31st May.

Operating profits climbed to £0.35m from £0.2m as sales reached £41.4m.

The retailer, which besides beds majors in window dressings and soft furnishings, has almost 50 stores, primarily across southern England.

The Silentnight suite of bed brands make up a significant proportion of its beds offer.

At an operating level, the firm's strongest year in the past half decade came in 2007, when it made £1.9m from a £33.6m turnover.