DFS Furniture

DFS · Main Market · Retail · mcap £337m · 146.0p

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Financials · LTM to 28 Jun 26

Source: results 24 Sep 26 ↗

Revenue: £1.1bn
Operating profit: £75.2m
Net income: £34.9m
Free cash flow: £53.1m
Net debt: £67.8m
Market cap: £345m
EV / EBIT: 5.5×
FCF yield: +15.4%
Price / book: 1.2×

Latest half-year · H1 Dec 25 vs H1 Dec 24 results 19 Mar 26 ↗

Revenue: £548m
Operating profit: £47.0m
Net income: £22.7m
Cash from operations: £104m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: FY Jun 26 (twelve months to 28 Jun 26), published 24 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	FY Jun 26	FY Jun 25
Revenue	1,057.5	1,030.3
Gross profit	614.0	581.7
Adjusted EBITDA	162.9	157.2
EBITDA	163.1	156.6
Adjusted operating profit	75.0	67.0
Operating profit	75.2	71.1
Depreciation (owned assets)	16.5	17.2
Depreciation (right-of-use)	57.9	54.0
Amortisation	13.3	13.0
Share-based payments	3.3	2.8
Finance costs	(32.2)	(38.6)
Profit before tax	43.7	32.9
Tax	(8.8)	(8.7)
Net income (owners)	34.9	24.2
EPS basic	15.1p	10.5p
EPS diluted	14.8p	10.3p
Dividend per share	3.0p	0.0p

	H2 Jun 26	H1 Dec 25	H2 Jun 25	H1 Dec 24
Revenue	509.8	547.7	525.8	504.5
Gross profit	297.7	316.3	295.4	286.3
Operating profit	28.2	47.0	35.0	36.1
Depreciation (owned assets)	8.3	8.2	7.9	9.3
Depreciation (right-of-use)	29.2	28.7	25.4	28.6
Amortisation	6.7	6.6	6.6	6.4
Share-based payments	1.8	1.5	1.5	1.3
Finance costs	(15.3)	(16.9)	(18.0)	(20.6)
Profit before tax	13.4	30.3	17.1	15.8
Tax	(1.2)	(7.6)	(4.7)	(4.0)
Net income (owners)	12.2	22.7	12.4	11.8
EPS basic	5.3p	9.8p	5.4p	5.1p
EPS diluted	5.2p	9.6p	5.2p	5.1p

	FY Jun 26	FY Jun 25
Cash from operations	166.8	181.2
Interest paid	(9.8)	(14.4)
Tax paid	(6.6)	(3.7)
Capex (PP&E)	(16.5)	(9.0)
Capex (intangibles)	(10.6)	(11.3)
Lease principal paid	(64.4)	(64.5)
Lease interest paid	(22.2)	(24.2)
Dividends paid	(2.3)	–
Share buybacks	(8.2)	–

	H2 Jun 26	H1 Dec 25	H2 Jun 25	H1 Dec 24
Cash from operations	63.0	103.8	69.0	112.2
Interest paid	(4.4)	(5.4)	(6.6)	(7.8)
Tax paid	(2.3)	(4.3)	(5.6)	1.9
Capex (PP&E)	(9.2)	(7.3)	(3.6)	(5.4)
Capex (intangibles)	(5.6)	(5.0)	(6.3)	(5.0)
Lease principal paid	(36.5)	(27.9)	(30.4)	(34.1)
Lease interest paid	(10.8)	(11.4)	(11.7)	(12.5)
Share buybacks	(7.8)	(0.4)	–	–

	FY Jun 26	FY Jun 25
Goodwill	–	531.2
Property, plant & equipment	74.3	75.2
Inventories	53.5	56.6
Trade receivables	17.5	15.8
Cash	10.9	13.9
Current assets	–	88.7
Total assets	940.5	983.6
Trade payables	239.3	231.8
Borrowings, current	10.9	13.9
Lease liabilities, current	66.8	64.2
Current liabilities	–	331.0
Borrowings, non-current	67.8	105.3
Lease liabilities, non-current	246.7	288.7
Total liabilities	652.1	731.4
Total equity	288.4	252.2
Net cash / (debt) ex leases	(69.0)	(107.0)

	H2 Jun 26	H1 Dec 25	H2 Jun 25	H1 Dec 24
Goodwill	–	529.6	531.2	531.5
Property, plant & equipment	74.3	73.4	75.2	79.7
Inventories	53.5	55.2	56.6	59.1
Trade receivables	17.5	13.3	15.8	12.3
Cash	10.9	20.5	13.9	22.4
Current assets	–	89.3	88.7	96.1
Total assets	940.5	966.8	983.6	1,013.8
Trade payables	239.3	245.8	231.8	239.4
Borrowings, current	10.9	–	13.9	–
Lease liabilities, current	66.8	66.9	64.2	86.2
Current liabilities	–	332.2	331.0	349.6
Borrowings, non-current	67.8	73.6	105.3	125.7
Lease liabilities, non-current	246.7	274.0	288.7	291.2
Total liabilities	652.1	688.2	731.4	769.3
Total equity	288.4	278.6	252.2	244.5
Net cash / (debt) ex leases	(69.0)	–	(107.0)	–

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.