STOCK WATCH

LOSSES widened at mailorder mattress company Eve Sleep, but a rise in revenues saw shares spring higher.

Revenue rose 62pc to £18.8m in the first half of the year, as awareness of the brand ‘broadly doubled’, according to a Peel Hunt analyst, without the business putting much more effort into advertising.

Eve, which has struggled to maintain growth over the past year, has promised focus on its core UK, Ireland and France markets. Shares shot up 10.2pc, or 1.8p, to 19.5p.