Home Shares Dunelm up 6 percent on strong half-yearly growth

Dunelm up 6 percent on strong half-yearly growth

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Dunelm up 6 percent on strong half-yearly growth

Shares in homeware retailer Dunelm Group are up over 6 percent this morning after releasing a positive report for the first half of the 2016 trading year.

Sales were up 10.3 percent to £448.1 million, with profit before tax also up from £68.2 million in the first half of 2015 to £75.5 million this year. Dunelm have recently put a three part growth strategy into operation, with these figures being a solid confirmation that the company are moving in the right direction.

In a statement, CEO John Browett said: “Our focus remains on growing the business for the longer term, after making good progress so far.

“We had a strong sale at Christmas…it is a really exciting time to be at Dunelm.”

Dunelm (LON:DNLM) are trading up 6.61 percent at 880.50 (0951GMT).

10/02/2016