Plus   Neg

Dunelm Group FY19 Pretax Profit Rises; LFL Revenue Up 10.7% - Quick Facts

Dunelm Group plc (DNLM.L) reported profit before tax of 125.9 million pounds for the 52 weeks ended 29 June 2019 compared to 102.0 million pounds, before exceptional items, previous year, an increase of 23.4%. In the last year, profit before tax after exceptional items was 93.1 million pounds. Earnings per share increased to 49.9 pence from 40.0 pence, before exceptional items, last year. In the previous year, reported earnings per share was 36.2 pence.

Fiscal 2019 Group revenue was 1.10 billion pounds, an increase of 4.8 percent. Total like for like revenue growth was 10.7 percent, reflecting strong growth in both LFL stores (7.7%) and dunelm.com (35.1%). Growth was driven by higher footfall in stores and traffic in online.

It is proposed to pay a final dividend of 20.5 pence per share. The total ordinary dividend of 28.0 pence represents an increase of 5.7% over the previous year. The final ordinary dividend will be paid on 22 November 2019 to shareholders on the register at the close of business on 1 November 2019. The Board has declared a special dividend of 32.0 pence. The special dividend will be paid on 11 October 2019 to shareholders on the register at the close of business on 20 September 2019.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Google announced a batch of renewable energy deals totaling 1.6 GW through 18 acquisitions spread across three continents. The deals are intended to "spur the construction of more than $2 billion in new energy infrastructure," the company said. Google said the deals will increase its worldwide portfolio... Beyond Meat's main competitor Impossible Foods will launch its grocery store in California on Friday. Beyond Meat Inc. (BYND), the meatless burger and sausage maker, announced the appointment of Sanjay Shah as Chief Operating Officer. Shah will assume the responsibility for Beyond Meat's global operations and production, effective September 18.
Follow RTT