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