Profits more than double at half way mark for DFS Furniture
Doncaster-based DFS Furniture has reported both a rise in turnover and profits across the group in the first five months of the financial year.
For the 22 weeks ending 30 December 2018, the retailer of living room and upholstered furniture posted pre-tax profits of £14.1m from £6.2m a year before. Group revenue also rose by 29% to £422.3m from £327.1m.
This growth was significantly impacted by £25m acquisition of Sofology, which was completed back in November 2017. Excluding the contribution of Sofology, DFS’ revenue was... For the full story register now for free or login below...