DFS the Doncaster-based sofa group have seen revenues bounce back since their September statement over buyers remaining cautious, due in part to fears over disposable incomes and uncertain economic conditions.
Since early September the company report a more positive trend, with Group order volumes growing relative to FY22 and also relative to the pre pandemic FY19 financial year.
The company report that overall performance is in line with their “mid-case scenario (c.£36m PBT) for the full year”
Tim Stacey, Chief Executive, commented :“We are pleased to report that since mid September we have seen positive year-on-year order volume growth. While we continue to be watchful of the macro economic environment, we continue to take market share and our market leading position, inherent scale and proven strategy give us confidence in our future prospects.”
