London · Delayed Price · Currency is GBP · Price in GBX Wickes Group Earnings Call Transcripts
Fiscal Year 2025
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Sales grew 5.9% to GBP 1.64bn and adjusted PBT rose 14.4% to GBP 49.9m, driven by strong retail and design & installation performance. Store rollout target increased to 300, with CapEx and dividend growth planned, while maintaining a robust balance sheet.
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First half saw 5.6% revenue growth and 17% rise in adjusted PBT, driven by volume-led sales, strong retail and design & installation performance, and operational leverage. Record market share, robust cash flow, and continued investment in tech and stores support a positive outlook.
Fiscal Year 2024
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2024 saw resilient performance with retail growth offsetting Design and Installation declines, strong cash generation, and increased shareholder returns. Early 2025 trading is positive, with ongoing productivity and technology investments supporting future growth.
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Resilient H1 performance with record retail market share, strong TradePro and Lifestyle Kitchens growth, and early success in solar installations. Profitability held up despite cost inflation, with robust cash returns to shareholders and continued investment in growth levers.