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The UK arm of German furniture fittings supplier Häfele put nearly another £10 million on its top line last year, though profits grew at a softer rate.


Revenue climbed 9.0 percent to £113.8 million for the Rugby, Warwickshire based UK subsidiary. Margins were narrower on higher product input costs.


Gross margin shrank 160 basis points to 35.5 percent, while distribution costs as a proportion of sales widened 10 basis points to 5.1 percent.


The company — viewed by some as a bellwether for the case goods and kitchens product manufacturing segment — booked profits up 3.4 percent to £11.16 million.


The size and scope of Häfele UK's customer base meant it featured multiple times in 2017 in our Debt Report feature, a weekly list compiling sums owed by insolvent businesses.


The biggest single outstanding debt owed to the company was nearly £100,000 by Dean House, the company behind the now defunct Betta Living business which failed late 2016.