Economy
Wickes sees H1 profits fall 6.2% to £33.5m
As stated in Wickes 26 July trading update, the company has seen a recent softening of the DIY market from the very high levels of demand experienced during the pandemic. The company has reaffirmed its guidance for full year adjusted profit before tax in the range of £72 - 82m.
Wickes has reported that its profits before tax declined by 6.2% for the first half of 2022, to £33.5m compared with £35.7m for the same period last year.
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