Half Year 2025 DFS Furniture PLC Earnings Call Transcript

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Mar 13, 2025

Mar 13, 2025 / 09:00AM GMT
Timothy Stacey - DFS Furniture PLC - Chief Executive Officer, Executive Director

Okay. So good morning, everyone, and welcome to the DFS Group 2025 Interim Results Presentation. I'm Tim Stacey, Group CEO, and I'm here with Marie Wall, our Interim CFO, and together, we'll update you on our half-one performance. I'll provide a bit of a strategic update and also a future outlook. Marie will come and talk about the financials.

So in terms of the introduction, over the last few years, we've been very focused on building, compelling customer propositions across our two retail brands, DFS and Sofology, driving significant amounts of new product development, developing a digital-first marketing strategy, and training our people to be the best salespeople in the industry. Now, I'll share more detail on these initiatives later, but the combination of our efforts has supported our continued growth in market share, and we're pleased to report today an order intake growth of 10.1% in the first half.

We've also focused on our operational execution and continue to make progress here with gross margins

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