The UK furniture group is in the middle of a major restructure which it warned in March could see manufacturing capacity cut by 40% and 1,500 jobs lost.
Last year was described as “difficult” by MFI chief executive Matthew Ingle. The company suffered a pre-tax loss of £110.8m against profits of £20.6m in 2004.
Now the company says it is evaluating interest from third parties before making a decision about MFI’s future.
In a statement the company said its earnings were still under pressure as orders had fallen. It added that it now planned to focus on its “store portfolio and local distribution model”, adding that “this will involve cost and considerable executional challenges”.
