Online retail giant the Very Group has seen its profits rise as it successfully managed costs despite growing inflationary pressures.
The Liverpool-based group today announced profit before tax for the 52 weeks to 2 July 2022 of £63.9m - up 2.2% on 2021.
That came despite a fall in revenues on 2021, which was the group's record year as online sales grew during the pandemic. Very revenue was down 4% to £1,790.5m, while group revenue was down 7.3% to £2,148.3m.
