Wickes hails ‘strong sales performance’ as demerger remains on track
Wickes has posted rising sales for its fourth quarter in 2019 as the DIY group’s demerger from Travis Perkins remains “on track”.
Travis Perkins-owned Wickes’ like-for-like sales grew 4.5%, which the DIY retailer attributed to a strong performance across its core and ‘Do It For Me’ arms.
For the full year, like-for-like and total sales grew 8.7% and 7.7% respectively.
The planned demerger of Wickes from Travis Perkins – revealed last July – remains “on track”, chief executive David Wood said.
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