Greetings card retailer Card Factory has reported a 8.9% rise in full-year profit as its store opening programme continues.
This year the company opened 51 new stores, bringing its total portfolio to 764 shops, which along with online business growth helped to increase profit.
It plans to open 50 new stores in the coming year.
The company said underlying operating profit rose to £79.4m for the year ended 31 Jan from £72.9m a year earlier.
Revenue rose 8.1% to £353.3m, with like-for-like sales growing by 1.8%.
Chief executive Richard Hayes said: “Our unique, vertically integrated model remains a real point of difference and a source of long-term competitive advantage in what is a very resilient market.”
