DFS to beat guidance following ‘strong trading’
Sofas specialist DFS expects annual profits to come in “slightly above the top end of guidance” on the back of trading momentum and cost control.
“We have continued to maintain a strong focus on disciplined cost management and improved our gross margins, leading to significant year-on-year profit growth. In addition, cash flow was healthy and our balance sheet is strengthening as we progress towards our target leverage range.
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