Homebase returns to profit earlier than expected

// Homebase returns to profit earlier than forecast – £3.2m profit for 2019 vs 2018 loss of £114.5m
// Like-for-like sales grew 2.6% and nearly all stores are profitable again
// Proposed completion of CVA is 18-months ahead of planHomebase returned to profit earlier than forecast as its turnaround plan has successfully made the majority of stores profitable again amidst an increase in like-for-likes.
For the year ending December 29, the home and DIY retailer delivered a £