Sustainable carpet tiles manufacturer Shaw Europe has reported a growth in turnover despite a decline in UK performance.

According to its latest filed accounts for the year ended 31 December 2023, total sales rose 2.4% to £36.6m from £35.7m in 2022.

Pre-tax profit resulted at £409,000, improving from a loss of £2.9m recorded the previous year.

UK sales declined from £25m to £24m, while rest of the world revenues rose to £12.5m from £10.7m.

Stated within its report, the company said: “The Shaw Contract carpet tile revenue increased by 11% in the year in a market that declined by 4%. STS branded sales revenue increased by 6.9% in the year. In 2023 the company restructured its business in continental Europe with the direct sales team in France leaving the business.

“Sales revenue in Europe declined by 6%, with sales in Eastern Europe having been impacted by the Russian invasion in Ukraine. The sales revenue in the Middle East and Africa was stable with invoiced sales in 2023 0.2% higher than in 2022.”