Growing demand for holiday homes combined with the high oil price saw Hull family-owned business JR Rix & Sons Ltd increase turnover by 42 per cent last year.
Group revenues increased by £129 million, to reach £525.4 million. Pre-tax profit was also up, from £6.3 million to £11.8 million.
Victory Leisure Homes, Rix’s holiday home and lodge manufacturing business, posted a growth in turnover of 136 per cent, rising from £22.3 million in 2020 to £52.7 million last year. The business’s performance had been hampered by the Covid pandemic in 2020, which saw holiday parks close and an 11 week factory shutdown. But with UK leisure and tourism now back in full swing, Victory ramped up production last year with the opening of a second factory in Hull, leading to the "impressive hike in revenue and market share".
