Wickes Group posted resilient H1 results with revenue growth and a dividend hike, supported by strong trade membership numbers and a clear strategy for store expansion through 2028.
Wickes reported higher revenue and profit, raised dividend, and confirmed full-year profit expectations, indicating positive momentum.
Wickes Group reported a 2.1% increase in first-half revenue and a 1.1% rise in adjusted pre-tax profit to £27.6 million. The home improvement retailer saw retail volume growth and strong TradePro performance, keeping the company on track to meet full-year profit expectations despite ongoing price deflation and cost inflation.
Wickes plans to open four to five new stores in the second half of 2026, with an accelerated expansion plan targeting seven to nine new stores in 2027 and over 10 annually starting in 2028.