Sales at jewellery and watch retailer Beaverbrooks jumped past £200m during its latest financial year as its profits more than doubled, according to new figures.
The family-owned business has posted a group turnover of £202.4m for the 12 months to the end of February this year compared to £123.1m in 2021 and the £143.2m it achieved in the year before the Covid-19 pandemic struck.
Its operating profits also increased from £16.3m last year to £35.3m. Beaverbrooks has not provided its pre-tax profits figures which stood at £10m at the end of its previous financial year.
