Studio hits “digital sweet spot” as sales & profits rise

// Studio reports 8.6% rise in adjusted pre-tax profit to £31.2m in the 52 weeks to March 27
// Total group revenue increased by 2.2% to £514.8m
// Revenue from core Studio brand grew 3.3% to £434.9mOnline value retailer Studio has said it has hit the “digital sweet spot” after posting a rise in annual profits and sales.
The full-year period ending March 27, the company formerly known as Findel reported an 8.6 per cent uptick in adjusted pre-tax profit to £31.