DIY
DFS sales and profits rise in H1 amid market share gains
The group said these higher sales, as well as operating cost savings and gross margin improvement, helped drive its profits and more than offset inflationary increases
DFS has reported strong trading in its half-year results, largely driven by market share gains, lower operating costs and gross margin improvement, adding it was “cautiously optimistic” for the year ahead, despite inflationary pressures and a tough market outlook. In the half-year ended 29 December 2024, its profits are expected to be between £16m and £17m, up by £7m-£8m against the prior year.
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