Online construction products merchant CMOStores.com has reported impressive half-year figures, with sales in excess of £23 million from January to June 2020 – a reversal of the downturn that has afflicted the rest of the industry this year.
As well as seeing an excellent sales performance, profit at the company is up by 126 per cent when compared to the same six month period in 2019.
Chief financial officer, Sue Packer, comments: “We’re very proud to have achieved such excellent results at what has been a challenging time for many within the industry.
“As an online business, we have the agility to adapt quickly to a change in market conditions, and this year that meant not only pivoting to remote working – which we managed with zero downtime within a matter of days – but bringing in additional colleagues to help us manage the increased demand.”
The company, which is based in Plymouth, has continued its growth trajectory of the past two years despite the UK’s lockdown measures, as homeowners used the period to work on large-scale home improvement projects and turned to the company’s six e-commerce ‘superstores’ for their supplies.