Sofa retailer bounces back into the black

Sofa retailer, DFS Furniture, has hailed an excellent year with profits set to soar on the back of bumper sales and tight cost controls. It will be a return to the black for DFS which, in 2024, slumped to a loss of £1.7m in an ‘extremely challenging year’ with the retailer hit by record low demand and shipping distribution in the Red Sea.

DFS shares were up 6% to 175.19p in early trading - a 12 month high after they slumped to a low of 113p.

The Doncaster-based company said pre-tax p... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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