Wickes Group Stays Resilient Amid Market Challenges
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Wickes Group Stays Resilient Amid Market Challenges

Wickes Group (GB:WIX) has released an update.

Wickes Group PLC reports a resilient performance for the first half of 2024 with total revenue at £799.9m, a slight decrease from the previous year, yet showing an improved trend in the third quarter. The company has seen a statutory profit before tax increase to £22.9m and has declared an interim dividend of 3.6p per share. Despite a challenging market, particularly for larger purchases, Wickes’ growth strategy and market share improvements, especially in strategic categories and TradePro sales, keep the full-year profit outlook stable.

For further insights into GB:WIX stock, check out TipRanks’ Stock Analysis page.

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