StockMarketWire.com - Colefax Group said its full year pretax profit and sales rose but added that the weak US dollar will impact current year earnings despite healthy market conditions.

The maker of furnishing fabrics and wallpapers said its pretax for the year ended April 30th, 2007 rose 45% to £5.93m while turnover increased to £71.01m from £68.36m.

Like-for-like sales for the year grew 8%, it said.

The company declared a final dividend of 2.55p, lifting its total dividend by 7% to 4p.