The company behind the Mountain Equipment brand grew its pre-tax profits during 2020 despite a fall in turnover, new documents have revealed.
Outdoor & Sports Company, which is based in Macclesfield, has posted profits of £3m for the 12 months to December 31, 2020, up from £2.5m.
However, its turnover dipped from £40.2m to £37.7m.
During the year UK sales fell by 2.8% while exports decreased by 11.3%.
A statement singed off by the board said: "Sales to export markets and a focus on continuous product development are seen as the drivers for long term growth of the business.
"The company is working hard to increase margins by both increasing prices and getting support from suppliers. In addition the business is reviewing its expenditure.
"The turnover reflects a decrease in volumes offset in part by an increase in prices."
On the pandemic, the company added: "Covid-19 continues to be an area of uncertainty, but as the global vaccination program impacts the pandemic these risks should decrease.
"In 2020 we managed to continuity of business well and after the initial lockdown a strong return in sales was seen throughout the summer period.
"The sales impact of the third lockdown has been far less severe than the first as shops have continued to operate in a greater capacity, largely via the internet.
"The group secured various business interruption loans in the UK and in Europe and it has significant long-term trading relationships with its customers and suppliers across different geographical areas."
The company was founded by Peter Hutchinson in 1961 and was sold to the current owner, Bollin Group, in 2003.
The group's businesses also include Bridgedale and Burton McCall.
