DFS shares fall as it cuts revenue, profit guidance
Shares of Doncaster-based DFS Furniture plc fell as much as 7% after its first-half results revealed a decline in sales and profit and the firm cut…
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DFS revenue slips to £1bn but profit hope lifts shares
Shares of Doncaster-based DFS Furniture plc rose about 5% after it said it expects to generate a modest year on year increase in profit for its…
DFS secures new £250m credit facilities
Doncaster-based DFS Furniture plc announced the successful completion of a new £200 million revolving credit facility (RCF) and £50 million issue of US private placement (USPP)…
DFS Furniture reports ‘record market share of 38%’
Shares of Doncaster-based DFS Furniture plc rose about 5% after it published a trading update for the 52 week period to June 25, 2023 (FY23) showing “record…
DFS H1 revenue slips to £544m, but market share up
Doncaster-based DFS Furniture plc reported that its revenue from continuing operations slipped 2.2% £544.5 million for 26 week period ended December 25, 2022, while profit before…
Doncaster’s DFS Furniture cheered by order intake
Doncaster-based DFS Furniture plc announced that its order intake for the 26-week period to December 25, 2022, was up 10.6% compared to the pre pandemic FY19 period — but…
Doncaster’s DFS Furniture hires Asda’s Fallon as CFO
Doncaster-based DFS Furniture plc announced that John Fallon will be appointed as an executive director and chief financial officer (CFO) of the firm, joining the board…
Doncaster’s DFS Furniture sees orders volume grow
Doncaster-based DFS Furniture plc said on Friday it was more optimistic about its prospects for the rest of the year after seeing sales volumes increase. DFS…
DFS shares plunge as profit falls 43% to £58m
Shares of Doncaster-based DFS Furniture plc fell about 7% on Thursday after it reported its pre-tax profit fell 43% to £58.5 million in the 52 weeks ended June…
Doncaster’s DFS Furniture names Johnson new chair
Doncaster-based DFS Furniture plc announced that Ian Durant will retire as chair at the AGM on November 4 2022 and will be succeeded by remuneration committee…
Poland’s Adriana buys stake in Doncaster’s DFS
Doncaster-based DFS Furniture plc announced that Poland-based upholstery firm Adriana S.A. has bought shares in DFS representing 7.78% of voting rights. “DFS Furniture plc notes the…
B&M hires DFS Furniture’s Mike Schmidt as CFO
Liverpool-based B&M European Value Retail S.A. announced that Mike Schmidt of DFS Furniture plc is to be appointed as an executive director and chief financial officer…
DFS Furniture shares fall 11% amid slowing demand
Shares of Doncaster-based DFS Furniture plc fell as much as 11% on Thursday after it published a statement on recent trading through to June 5, 2022, reporting…
Doncaster’s DFS to return £80m to shareholders
Doncaster-based DFS Furniture plc announced it intends to return £80 million to shareholders over a 12 month period as it announced results for the 26 weeks to…
DFS orders £200m higher than pre-pandemic levels
Shares of Doncaster-based DFS Furniture plc rose about 8% on Wednesday after it published a trading update for the 26-week financial reporting period to December 26, 2021,…
DFS Furniture revenue tops £1bn for first time
Doncaster-based DFS Furniture plc said on Thursday its revenue exceeded £1 billion for the first time in the year ended June 27, 2021, despite problems in its…
DFS shares up 10% as order intake soars 92%
Shares of Doncaster-based DFS Furniture rose about 10% on Thursday after it published an update on recent trading through to June 6, 2021, showing its fourth quarter…
Doncaster’s DFS boosts H1 revenue 17% to £572m
Shares of Doncaster-based DFS Furniture rose about 7% on Tuesday after it said its first-half revenue rose 17.3% to £572.6 million in the 26 weeks ended December…
Doncaster’s DFS sees online sales soar 76%
Shares of Doncaster-based DFS Furniture rose about 10% on Tuesday after it published a trading update for the first 24 weeks of its financial year to date,…
Doncaster’s DFS says lockdown won’t impact profit
Shares of Doncaster-based DFS Furniture fell 3% on Thursday despite a Covid-19 trading update from the firm saying “current lockdown measures (are) not expected to materially…
DFS falls to £81m loss, but current trading ‘very strong’
Shares of Doncaster-based DFS Furniture fell 5% on Thursday after it published results for the 52 weeks ended June 28, 2020, showing revenue fell about 27%…
DFS Furniture sells Sofa Workshop to Halo
Doncaster-based DFS Furniture said on Thursday it agreed to sell The Sofa Workshop Limited to Halo Furnishings Limited for about £300,000. “The gross assets of Sofa…
DFS Furniture shares rise on strong trading
Shares of Doncaster-based DFS Furniture rose about 11% on Tuesday after it said its current trading is “significantly” ahead of its initial expectations. “We have continued…
DFS revenue falls 27% to £725m, but orders soar
Doncaster-based DFS Furniture said on Tuesday its full-year revenue fell about 27% to £725 million “due to the pause in deliveries to comply with COVID-19 restrictions…
DFS raises £64m in share sale at 16.3% premium
Doncaster-based DFS Furniture said on Thursday it raised £64 million through the placing and subscription of 42.6 million shares at 150p each. DFS said the 150p…
DFS sales up 20% as it seeks £70m, plans share sale
Shares of Doncaster-based DFS Furniture rose about 11% on Monday after it confirmed it is in the advanced stages of negotiating an additional debt facility of…
DFS Furniture shares fall 9% amid revenue, virus woes
Shares of Doncaster-based DFS Furniture fell 9% on Tuesday after it said first-half revenue for the 26 weeks ended December 29, 2019, fell 5.7% to £488…
DFS profit rises but Brexit hits recent trading
Doncaster-based DFS Furniture said on Thursday its underlying pre-tax profit rose 31.1% to £50.2 million on a pro forma 52-week basis to June 30. On the same basis,…
DFS Furniture expects profit to rise 30% to top £50m
Doncaster-based DFS Furniture said in a trading statement on Thursday its underlying profit before tax is expected to be slightly above £50 million compared to £38.3…
DFS Brexit warning as H1 revenue soars to £422m
Doncaster-based DFS Furniture said on Thursday said its revenue rose 29.1% to £422.3 million and profit before tax more than doubled to £14.1 million in the 22…
DFS Furniture warns of Brexit product delays
Doncaster-based DFS Furniture on Thursday reported underlying gross sales growth of 10% in a trading update for the five months to December 30, 2018. However DFS warned…
DFS profit slumps 48% amid ‘exceptional downturn’
Doncaster-based DFS Furniture said its revenue rose 14.1% to £870.5 million in the year to July 28 but reported profit before tax slumped 48.5% to £25.8 million amid…
DFS Furniture warns earnings will fall
Doncaster-based DFS Furniture warned in a trading update that its full-year earnings will fall below last year, blaming “exceptionally hot weather” and “disruption outside of our…
Stacey to succeed Filby as DFS Furniture CEO
Doncaster-based DFS Furniture said Ian Filby will retire as its CEO after eight years with the group and be succeeded by Tim Stacey, currently chief operating officer….
DFS shares up as Sofology lifts H1 revenue to £396m
Shares of Doncaster-based DFS Furniture rose about 9% after it said its revenue climbed 4.3% to £396.1 million in the half year to January 27, 2018, “reflecting increasing scale…
Sofology acquisition boosts DFS Furniture trading
Shares of Doncaster-based DFS Furniture rose more than 4% after it said in a half-year trading update that it delivered gross sales growth of 4% in the 26 weeks…
Regulators OK DFS Furniture acquisition of Sofology
Doncaster-based DFS Furniture said the Competition & Markets Authority (CMA) will allow its acquisition of sofa retailer Sofology Limited to proceed. “There were no conditions attached to the…
DFS Furniture profit falls 22.3% to £50.1m
Shares of Doncaster-based DFS Furniture fell 4% after it said its profit before tax fell 22.3% to £50.1 million in the year to July 29 and…
DFS Furniture shares plunge on lower revenues
Shares of Doncaster-based DFS Furniture plunged as much as 7% after it said revenues for the second half of its financial year were 4% lower than the…
DFS shares up as it buys Sofology and refinances
Shares of Doncaster-based DFS Furniture rose almost 5% after it said it agreed to buy Golborne-based sofa retailer Sofology Limited and announced an agreement to refinance its existing borrowings. DFS…
DFS falls 20% as it blames election for profit warning
Shares of Doncaster-based furniture retail company DFS fell more than 20% after it blamed “customer uncertainty regarding the general election” for a profit warning in a…
Ex-Greggs boss Ian Durant to join Britvic as chair
Soft drinks giant Britvic announced that it has appointed former Greggs chair Ian Durant as an independent non-executive director and chair designate, with the appointment…
Co-op Bank staff get £1,000 rise; H1 profit hits £62m
Manchester-based Co-op Bank announced its profit before tax soared to £61.9 million in the six months ended June 30, 2022, up from 21.4 million for…
Leeds Building Society H1 profit falls 34% to £32m
Leeds Building Society said on Friday its profit before tax fell 34% to £32.6 million for the first six months of 2020 “due to increases in…
Northern shares soar amid election market rally
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
United Utilities ups dividend as revenue tops £1.8bn
Warrington-based United Utilities, the UK’s largest listed water company, said its revenue rose £83 million to £1.8 billion and underlying profit before tax rose £90 million to…
North’s financial services exports rise to £11.1bn
The North of England exported £11.1 billion of financial and related professional services in 2017, according to the most recent estimates of trade body TheCityUK….