
The business said it had found itself at a need to sell goods at a heavy discount
(Picture: Made.com/PA)Shares in Made.com soared 24% on Thursday after the furniture retailer posted a surprise uptick in revenue for the first half of the year despite warning of dwindling demand amid a severe downturn in the home furnishings market.
The firm reported revenues of £178 million in the first six months of 2022, up 4.2% on the previous year. The value of orders shrunk 18.8%, while pre-tax losses swelled £35 million.