Dunelm 2017 final results
Sales growth of 8.5% (2.3% excluding Worldstores) in challenging and subdued Homewares and Furniture markets
Share of Homewares market increased to 7.9% (2016: 7.8%)
Acquisition of Worldstores in November 2016 creates a springboard for online growth and range development; business plan for accelerated growth established and integration is well under way
EBITDA of £142.2m (pre-exceptional items), down 7.8% year on year reflecting investment for growth and consolidation of Worldstores trading losses
Earnings per share reduced to 36.1 pence (fully diluted), reflecting primarily the costs of the Worldstores acquisition, both expected trading losses and exceptional costs
3.6% increase in full year dividend to 26.0 pence per share
Encouraging start to FY18 with good LFL sales growth in the first two months
