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Birmingham Post
Birmingham Post
Business
Tom Keighley

Furniture retailer DFS reports mixed picture but says winter trading off to strong start

Doncaster-based sofa seller DFS says orders in the second half of last year are up on pre-pandemic levels but down on the previous year's levels.

In a trading update to investors, the firm said its order intake was up 10.6% on the comparable period in 2019, but down 4.8% on a year before. Painting an upbeat picture, DFS said its current orders levels were strong and that its key winter sale trading period had started well.

Against a backdrop of economic uncertainty and cost-of-living pressures impacting consumer confidence, the market was said to be hard to predict. Despite that, DFS said it expected to meet its £36m profit forecast.

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