DFS makes ‘good strategic progress’

DFS has said that it has made ‘good strategic progress’ over the past year, with its full-year profits set to be in line with expectations, according to the BBC.

Total underlying gross sales grew 7% in the year to June 30^th.

Expected underlying profit before tax is ‘slightly above £50m’, which compares to £38.3m last year.

However, the company has said that the volatile political and economic backdrop will affect its progress moving forward.