21 October 2022 - trading update
A trading update has been released for the 13 weeks ended 1 October 2022. The market-leading home improvement retailer announced like-for-like sales growth of 2.6% in the period, an improvement on the 0.8% reported for the first half. Full year guidance is unchanged, with profit before tax on an adjusted basis expected to be between £72m and £82m. It was noted that the company's energy contract ends in March 2023 and if energy costs were to remain at the current price cap for businesses, energy costs would be around . . .
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