DIY

The Works ups profit guidance as turnaround bears fruit

The group’s trading performance improved after Christmas, with Q4 total like-for-like (LFL) sales rising 6.4%, store LFL sales up 6.9%, and online improving to flat sales

The Works has upgraded its FY25 profit guidance and is expecting to deliver approximately adjusted EBITDA of £9.5m compared with £6m in FY24, following good progress with its turnaround strategy.

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