Dunelm strengthens profit and dividend

Homewares retailer Dunelm said pre-tax profit climbed a better than expected 15.1 per cent in the 52 weeks to 30 June 2012 and while it remains cautious of the UK consumer environment it is confident in the future prospects of the business.

Homewares retailer Dunelm said pre-tax profit climbed a better than expected 15.1 per cent in the 52 weeks to 30 June 2012 and while it remains cautious of the UK consumer environment it is confident in the future prospects of the business.

The out-of-town retailer, which opened 14 new superstores in the year, said pre-tax profit rose to £96.2m during the group's financial year from £83.6m before. Total revenues grew to £603.7m, in line with analyst forecasts and up from £538.5m the year before. Analysts had predicted pre-tax profit of £95.56m.

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