24th Sep 2026 14:02
DFS Furniture PLC - Doncaster, England-based living room and upholstered furniture retailer - Pretax profit rises by a third to GBP43.7 million in the financial year that June 28 from GBP32.9 million a year before, as revenue rises by 2.6% to GBP1.06 billion from GBP1.03 billion. In response, DFS declares a 2.0 pence per share final dividend for a 3.0p full-year payout, compared to none for financial 2025. Prior to its 1.0p interim dividend this year, DFS's last payout was an interim dividend of 1.1p for financial 2024.
Chair Steve Johnson says strong cash flow has reduced leverage to 0.9 times from 1.4 times, allowing the restoration of dividend payments. Net bank debt at the June 28 year-end is GBP69.0 million, down from GBP107.0 million a year before.
Looking ahead, DFS says order intake in the first 12 weeks of financial 2027 is down 2.5% on a year before, as hot weather in the UK in July and August hurt store footfall, but the company still expects "moderate profit growth" in line with analyst consensus, which it places at GBP48.0 million profit before tax and brand amortisation. For financial 2026, this measure is GBP44.9 million. DFS will hold its annual general meeting in Doncaster on November 13.
Current stock price: 146.00 pence, up 0.7% on Thursday afternoon in London
12-month change: down 2.7%
By Tom Waite, Alliance News editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Dfs Furniture Plc