Argos Retail Group, which includes Argos and Homebase, increased sales by 10 per cent. Profit for the group before tax rose 13 per cent, from£153 million to£172.7 million.
GUS chief executive John Peace said: 'In the first half, we delivered doubled-digit sales and profit growth at constant exchange rates in each of our main businesses. While not underestimating the present challenges in some of our markets, we have clear strategies for growth in each of our businesses and are confident of the strength of their competitive positions.'
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