Wickes Group ( (GB:WIX) ) has issued an update.
Wickes Group reported strong market performance in 2024, with adjusted profit before tax at the upper end of expectations, despite a slight decline in total revenue due to challenging market conditions. The company announced a £20m share buyback and highlighted growth in Retail, particularly in TradePro sales, while taking strategic actions to improve Design & Installation sales. Wickes is well-positioned for 2025, focusing on growth levers and productivity amidst uncertain market conditions, and plans further store openings and digital investments.
More about Wickes Group
Wickes is a digitally-led, service-enabled home improvement retailer in the UK, focusing on TradePro, DIY, and Design & Installation divisions. It operates 228 stores and digital channels, offering a wide range of products and services, including design consultations and home delivery.
YTD Price Performance: 13.49%
Average Trading Volume: 969,767
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £395.3M
For detailed information about WIX stock, go to TipRanks’ Stock Analysis page.
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