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Evening Standard
Evening Standard
Business
Alex Daniel

DFS profits rise but warns of rising costs post-Budget and weaker sofa demand

Sofa seller DFS said it expects to see higher costs as a result of the October Budget (Nicholas T Ansell/PA) - (PA Archive)

DFS has reported rising profits, but warned of an increase in costs due to the Budget and said demand for its sofas is set to be sluggish going into 2025.

The furniture group said profit for the six months ending December 29 is expected to be up to £17 million, a rise of as much as £8 million compared with the same period last year.

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