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Birmingham Post
Birmingham Post
Business
Jon Robinson

Home Bargains in 'strengthened' position despite profits falling by over £100m

Home Bargains Tom Morris Quality Save

Home Bargains is in a "strengthened" financial position despite its profits being cut by more than £100m during its latest financial year.

The Liverpool-headquartered discount retailer has posted pre-tax profits of £293.1m for the 12 months to June 30, 2022, down from £396.7m in the prior year.

However its turnover, according to newly-filed documents with Companies House, rose from £3.33bn to £3.41bn.

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