Sales surged by almost 30% at online bathroom retailer Victorian Plumbing in the year it completed the largest ever float on the London Stock Exchange's AIM.
The Merseyside-headquartered firm, which completed the IPO in June, has revealed its revenue grew by about 29% in the 12 months to the end of September 2021.
When the company floated, it raised gross proceeds of £11.6m, giving it a market capitalisation on admission of £850m.
READ MORE: Revolution Bars Group hails 'excellent' first quarter but caution remains
A statement said: "The board is pleased to report that the financial year finished positively with revenue growth of c.29% for FY21.
"This reflects strong trading in the first three quarters of the year, more subdued market conditions as lockdown restrictions were eased, before customer demand improved in September.
"Whilst revenue growth moderated over the summer, gross margins remained strong throughout and adjusted EBITDA for FY21 is anticipated to be ahead of market expectations.
"Given the widely publicised global supply chain issues that have been affecting many companies, the group has been proactive in optimising its stock holding going into the new financial year.
"The group continues to progress all of the operational and strategic opportunities outlined at the time of the IPO."
The group's full-year results are due to be published on December 9.
