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TOP NEWS: Dunelm Annual Profit Forecast Ahead After Strong Trading

20th Jun 2019 07:25

(Alliance News) - UK home furnishings retailer Dunelm Group PLC said Thursday it expects its full-year results to be "ahead" of its previous expectations following "strong" trading in May and June.

Dunelm explained that it had been a "very good" year for like-for-like sales with performance particularly strong in May and June, helped a weaker performance during the same period the year prior.

The FTSE 250-listed firm now expects to report pretax profit for the year ended June 27 of between GBP124 million and GBP126 million. In financial 2018, Dunelm reported underlying pretax profit of GBP102.0 million.

In early April, Dunelm had forecast pretax profit at the top of the analyst range of GBP115.6 million to GBP118.5 million.


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