DFS has reported higher annual profits and lower debt, although weaker orders point to continued caution among furniture shoppers.
Revenue rose 2.6 per cent to £1.06bn in the 52 weeks to 28 June 2026. Reported pre-tax profit increased to £43.7m from £32.9m, while underlying profit before tax and brand amortisation rose 48.7 per cent to £44.9m.
Gross margin improved to 58.1 per cent from 56.5 per cent. Net bank debt fell by £38m to £69m.
Group order intake declined 1 per cent, but Sofology grew orders by 2.6 per cent. Orders in the wider Home category, including beds, mattresses and dining furniture, increased 10.9 per cent.
DFS also added three external retailers to The Sofa Delivery Company’s platform, opening a new revenue stream from spare logistics capacity.
Orders were down 2.5 per cent in the first 12 weeks of the new financial year. The group nevertheless expects moderate profit growth.
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