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Dunelm Group (DNLM)

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Dunelm sees FY profits ahead of expectations

20 Jun 19

LONDON (ShareCast) - (Sharecast News) - Homewares group Dunelm said it expected pre-tax profits to be ahead of expectations driven by good weather and strong trading across its businesses.
The company forecast pre-tax profits to be in the range of 124 - 126m compared with 102m in 2018.

"Since we last updated on 10 April 2019, we have seen very good year-on-year total like-for-like (LFL) growth, particularly in May and June, reflecting both the soft comparator period (Q4 2018 Total LFL growth of 0.1%) and the unseasonably favourable weather conditions this year," the company said in a trading statement.

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Market Data

Currency UK Pounds
Price 871.50p
Change Today 1.50p
52 Week High 981.00p
52 Week Low 482.80p
Volume 168,933
Shares Issued 201.97m
Market Cap 1,760.14m


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