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, productivity gains, and tech investment. Retail and design & installation segments both grew, with strong cash flow supporting dividends and buybacks. Market share reached a record 6%.
Fiscal Year 2024
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Strong 2024 performance with adjusted PBT of GBP 43.6m, retail growth offsetting Design and Installation declines. Market share and customer volumes rose, supported by technology and store investments. 2025 outlook is positive, with continued momentum and robust shareholder returns.
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Resilient H1 2024 performance with record retail market share, strong TradePro and Lifestyle Kitchens growth, and successful Solar Fast acquisition. Profitability held up despite cost inflation and deflationary pressures, with improved Q3 trading and continued investment in growth.