Group Adjusted EBITDA Growth
Group adjusted EBITDA reached GBP 274 million, marking a 2% increase over the year, demonstrating business discipline in buying, selling, and cost control.
Interim Dividend Increase
The interim dividend was increased to 5.3p, up 3.9% for the half, indicating stronger dividend payouts.
General Merchandise Market Share
Total sales in Home grew by 10% in Q2, with volumes increasing by 20%, suggesting a significant gain in market share.
Expansion in France
Plans to open more than 11 stores in France next year, with a double-digit growth in transactions and sales volume.
Strong Cash Returns
GBP 1.9 billion returned to shareholders since 2020, with share buybacks underway.
New Store Openings
45 new stores to be opened in the current year, with a disciplined approach to expansion.
Volume-Driven Growth Strategy
Emphasis on driving profit through volume growth, with a stable or growing ordinary dividend policy.