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PRIVACY
Manufacturing

Turnover down but profits rise at Hillarys Blinds

The company does not foresee Brexit having an impact

Blinds created by Hillarys. The company's turnover has dipped but profits are up(Image: Hillarys)

Bosses at Hillarys Blinds are confident Brexit will not have a major impact on their business as the company reported a £1.85 million boost in profits.

The Nottinghamshire manufacturer's turnover did fall to £165.8 million for the year to December 31, 2018, according to its latest financial report.

But with profit before tax standing at £25.2 million the firm's management are confident they are in a strong position to move forward in the coming years.

A statement signed off by the board said: "While wider economic concerns are beyond the company's control we continue to see customers responding positively both to the company's advertising message.

"The board remains confident that the in-home sales model coupled with short lead time and high quality manufacturing standards position the business well for meeting future needs of the º£½ÇÊÓÆµ consumer across a broader product portfolio.

"The board is confident that the company's strategy will continue to deliver improvements in both sales and profits."

Hillarys was founded in 1971 by Tony Hillary when he began making blinds in his garage in Nottingham.

Today, the company is headquartered in Colwick, just outside Nottingham, and continues to manufacture and sell a range of made-to-measure window coverings including blinds, curtains and shutters.