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6th January 2020

BGF backed Direct Online Services announced £5 million investment

Direct Online Services, the UK’s largest online retailer of kitchen worktops, has announced a record year of sales and profits, as well as a £5m internal investment plan.

The Gloucester-based, family-founded business has seen a 150% increase in profits in the last 12 months, with an expected EBITDA in excess of £4m in 2019. This has been driven by margin and productivity improvements, as well as the fruition of operational investments over the last few years. The group has seen a 14% increase in UK sales, as well as a 22% increase in revenue for its German business.

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