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Birmingham Post
Birmingham Post
Business
Jon Robinson

The Original Factory Shop makes first pre-tax profit since 2019 after £30m sales jump

Discount retailer The Original Factory Shop made a pre-tax profit for the first time since 2019 as its sales jumped by more than £30m, new accounts have revealed.

The Burnley-headquartered company has reported a pre-tax profit of £6.6m for the 12 months to March 27, 2022, up from a restated loss of £2.9m in the prior year.

The business, which has been owned by private equity firm Duke Street since 2007, has also reported a turnover of £124.4m, a rise from £92m.

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