An update from DFS Furniture ( (GB:DFS) ) is now available.
DFS Furniture plc reported strong interim results for the first half of FY25, with a 10.1% year-on-year increase in order intake despite a subdued market. The company’s strategic focus on customer service, product innovation, and cost control led to a significant rise in underlying profit before tax, which nearly doubled to £17.0 million. The company also reported improved gross margins and a reduction in net bank debt, positioning it well for future growth. With continued strong trading and cost management, DFS expects to outperform market expectations for the full year, reinforcing its confidence in achieving its medium-term financial targets.
More about DFS Furniture
DFS Furniture plc is a leading retailer of living room and upholstered furniture in the United Kingdom. The company operates an integrated physical and digital retail network through its brands DFS and Sofology, offering high-quality products and favorable consumer financing options. DFS aims to provide affordable, responsible, and sustainable furniture solutions, fulfilling orders through its UK factories and international manufacturing partners.
YTD Price Performance: -6.29%
Average Trading Volume: 234,885
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £312.4M
For a thorough assessment of DFS stock, go to TipRanks’ Stock Analysis page.