Sofa.com sales surge as it steps up its search for new investors

 
Kasmira Jefford
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ONLINE furniture retailer Sofa.com sales surged 20 per cent to £20.2m last year, ahead of a potential sale.

In December City A.M. revealed that the eight year-old group had hired financial advisers Altium to explore options, including a sale or partial sale to help fund its expansion.

It is understood to have already attracted interest from trade and equity buyers.

Earnings increased by 48 per cent to £5.3m in the year to 28 February compared with £3.6m in 2012.