Brexit, so close yet sofa... Brexit, so close yet sofa...
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  1. #1

    Richer than sasguru

    DimPrawn's Avatar
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    Default Brexit, so close yet sofa...

    Brexit burden for sofa chain

    DFS warned Brexit and the weak housing market will hit profits in the next year.

    Trading has been ‘subdued’ in recent weeks due to political and economic uncertainty, the sofa company said.

    The strength of the housing market and consumer confidence are ‘the two key drivers of the upholstery sector’, it added.

    The company reported a 13.2 per cent fall in annual profits to £22.4million.

    Revenues rose 3.5 per cent to £901million.

    The firm highlighted particularly strong performances online and in Sofology, which it acquired in 2017.

    Shares fell 0.7 per cent to 225p.

  2. #2

    Contractor Among Contractors

    b0redom's Avatar
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    Default

    What might help is a sale....
    And the lord said unto John; "come forth and receive eternal life." But John came fifth and won a toaster.

  3. #3

    More fingers than teeth

    greenlake's Avatar
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    Default

    Quote Originally Posted by b0redom View Post
    What might help is a sale....
    Indeed....


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