Plymouth-headquartered online building materials retailer CMO Group PLC has seen sales soar to £77m in the past year despite the building industry being hit with delays and shortages of products and continuing Covid disruptions..
The company, now the UK’s largest online-only retailer of building materials, revealed that total sales for 2021 were up 47% to £77m from 2020’s £52m.
In a trading update for the year ended December 31, 2021 the Burrington Way-headquartered business revealed H2 revenue of £38m, an increase of 33% over H2 in 2020. Like-for-Like sales grew 12% year-on-year, and by 30% over two years.
