Euro Car Parts has posted record-breaking profits for 2009.
The factor and retailer chain’s pre-tax profits rose to more than Â£17m in 2009, almost triple the Â£6.6m figure it reported in 2008.
Sukhpal Singh, ECP chairman, said: “We are delighted to announce these results. However with the profit, we aim to improve our business and provide more services and products to our customers.
“Therefore we have continued to re-invest our cash flow into the building blocks for future growth.”
Last year, ECP added 9 new branches to its network and the company plans to chase further growth in 2010.
It wants to achieve 98% coverage of the UK aftermarket and is currently buildng a new 400k sq ft logistics facility, which is due to open this August.