Luxury mattress manufacturer delivers sales and profit growth

Luxury mattress manufacturer Vispring has reported a growth in sales and profit.

According to its latest filed accounts for the year ended 31 December 2024, total sales rose 1% to £52.7m from £52.1m in 2023.

Pre-tax profit resulted at £22.8m, up from £19m year-on-year.

Stated within its report, the company said that domestic market sales increased by 5%, while there was a reduction in worldwide sales units of 4% as consumers “traded up to higher value models”. Export sales reduced by 1%, primarily arising from the Chinese market, while gross margin increased to 72.2% from 70.2%.

UK sales represented £20.9m of turnover, up from £19.9m, while EU revenues stood at £17.8m, increasing from £15.2m. Sales for the rest of the world decreased from £16.8m to £13.9m.

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