Company Overview

Principal activities

Carpetright plc is Europe’s leading specialist floor covering retailer, selling a wide range of carpets, rugs, vinyls and laminates together with associated accessories. In addition, the product offering was extended to selling beds in the UK following the acquisition of Sleepright in December 2008.

The Group trades from 703 stores organised and managed in two geographical segments. These are the “UK & RoI” (comprising the UK and the Republic of Ireland) and the “Rest of Europe” (comprising The Netherlands and Belgium).

Business objective and strategies

The primary financial objective of the Group is to deliver long-term sustainable growth in earnings per share and cash flow. We aim to achieve this through the following strategies:

• Primary focus on floor coverings
  Ensuring we continually improve and develop our product ranges to provide consumers with a market leading product choice which offers great value, backed up by excellent customer service.

• Develop a competitive bed proposition
  To grow the sales of beds and associated products, following the same principles of choice, value and service.

• Manage our store portfolio
  To grow our store base into local markets where we are not represented and to continually exploit opportunities which deliver better overall profitability.

• Expansion into European countries
  To identify and pursue opportunities to grow Group profitability by extending the brand strengths across Europe.

• Reaching more customers through additional channels
  To extend the reach of Carpetright’s brand by growing sales through the insurance replacement market, becoming the preferred supplier of floor covering for new homes and developing our online business.

We aim to act responsibly towards all our stakeholders, including customers, suppliers, employees and the communities in which we operate. Our annual Corporate Responsibility Report is available in the CSR pages of this website.