Wickes sales and profits rise as trade business achieves record sign ups
Wickes boss David Wood hailed “another period of strong volume-led performance”, as Wickes sales and profits for the half rose driven by record signs up for the retailer’s trade business.
Wickes noted an increased volume growth in retail driving revenue by 0.8% despite 2.4% deflation. Net cash was £151.6m at the end of the period, after Wickes invested in growth and returned £26.3m to shareholders and £9.2m of funding for EBT share purchases.
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