DFS credits platform innovation and people for projected £45m profit

DFS expects to hit a profit, before tax, of £45 million, as the furniture retailer issued a trading update for the year ending 28 June.
As it ungraded its guidance, DFS reported its profit increased 15 per cent year-on-year, despite weaker market demand in H2.
Profit performance was underpinned by 2.7 per cent revenue growth, gross margin expansion and continued cost discipline.
“Continued investment in innovation across our platforms and people has achieved record customer Net Promo