DIY
Wickes FY profits fall despite growing sales
The group maintains that its adjusted profit before tax of £75.4m is still in line with guidance, following a record £85m in 2021
Wickes has revealed that pre-tax profits dropped to £40.3m after absorbing non-recurring costs of £35.1m, despite reporting a like-for-like increase of 3.5% in sales for the year ending 31 December 2022.
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