Strong sales growth reported by listed DFS

Doncaster-headquartered furniture retailer DFS has reported growth in its sales, while remaining cautious about the potential impact of the "volatile" political and economic climate. The business has today delivered its period end trading update, in which it highlights good underlying Group gross sales growth of 7% and like-for-like gross sales growth across all brands with strong online growth of 17%. It says underlying profit before tax is expected to be slightly above £50m, compared to £38.3m in the prior year.

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