Homewares retailer Dunelm has shrugged off “more difficult” trading conditions to notch up higher half-year profits. The chain posted a 4.8 per cent rise in pre-tax profits to £123m for the six months to December 30 after sales lifted 4.5 per cent.
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00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
00:07 Here are your business headlines for this morning.
00:10 The Homewares retailer Dunelm has shrugged off more difficult trading conditions to deliver
00:15 higher half-year profits. The chain posted a 4.8% rise in pre-tax profits to £123m for
00:23 six months to December 30th, after sales increased by 4.5%. This came despite a sharp slowdown
00:30 in sales growth to 1% in the final three months of 2023, compared with a year earlier when
00:36 sales had surged by 17.6%. Dunelm said it is pleased with trading in 2024 so far, thanks
00:43 to a resilient customer base, but it warned that the consumer outlook remains uncertain.
00:48 So an update there from Dunelm, which has overcome more difficult trading conditions
00:53 to deliver higher half-year profits. My name is Greg Wright, I'm the Deputy Business Editor
00:58 of the Yorkshire Post.
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