UK-headquartered leather group Pittards has reported an increase in profit for 2013 due to “tight control of costs” and a “lower proportion of commodity leather” sales.

It achieved a profit of £2 million for the year compared with £570,000 for 2012, although revenue dipped slightly to £35.8 million from £37 million the year before.

“I am pleased to report that the recovery noted in my interim statement, following the turbulence of 2012, continued throughout 2013,” said chairman Stephen Boyd.

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