Dreams tops Profit Track list
Bed chain Dreams topped The Sunday Times Profit Track 100 of the country’s private companies with the fastest-growing profits.
The company saw profits rise by 166.89% to £34.5m from sales of £290m in the year to the end of December 2017.
Kitchen manufacturer Ultima was ranked 66th. Its profits rose by 62.5% to £9.38m from sales of £39.3m in the year to the end of May 2017.
Furniture manufacturer Symphony was ranked 67th. Its profits rose by 62.47% to £18.74m from sales of £198.9m in the year to the end of December 2016.
Furniture retailer Neptune and bed manufacturer Hypnos were included in the 10 Profit Track Ones to Watch. Neptune had profits of £3.1m from sales of 47.4m in the year to the end of September 2017. Hypnos had profits of £3.6m from sales of £64.3m in the year to the end of June 2017.
‘Being included on the list is an incredible achievement and extremely rewarding for everyone at Hypnos. We’d like to thank our partners in both the retail and hospitality sectors for their part in this success,’ said Stephen Ward, Hypnos group md.
‘Over the next few years we are looking at steady and sustainable growth through our relationships with our partners, innovation in our products and services, and by ensuring we continue to be an excellent brand to work with.’