Group pre-tax profits before property transactions were£16.8 million, compared with£15.1 million last year - an increase of 11 per cent.
Like-for-like sales were down 7 per cent in the first seven months of ScS Upholstery's financial year, but these figures were in-line with company expectations due to a significant expansion programme undertaken throughout the year.
ScS Upholstery chairman Mike Browne said: 'These strong results, which have been achieved while opening a record 21 stores - including one relocation - during the year, are reflective of the successful ScS formula.
'We remain confident of continuing to grow the business profitably by offering our customers value and choice whilst maintaining margins.'
Analysts at Panmure Gordon said: 'ScS Upholstery is well placed to deliver above market earnings growth in the year ahead. We are not changing our forecasts.
'The company appears to be managing the difficult task of keeping costs and margins well controlled while expanding at a rapid pace and the retail format is clearly finding favour with the customer.'
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