Footasylum has reported a great uplift in sales for the year to 24 February but has warned that profit growth will be weaker in the current financial year.

During the period, revenue was up 33% to £194.8 million with growth across all channels and product categories. Online sales rose by 41% and now account for 30% of total revenue.

Claire Nesbit, Footasylum chief executive, added: “Despite this, we are confident that continued investment in digital and in our stores will allow the company to deliver strong revenue growth for the full year in line with market expectations.

“However, this will have an associated increase in both expected capital expenditure and property costs for the current year and as a result, we now anticipate that, adjusted EBITDA for FY19 is likely to show more modest growth than in FY18.”

Footasylum is looking to build a store estate of around 150 stores in the UK.