DFS marks 25th successive year of growing comfort
Thursday 20 October 1994
Mr Kirkham raised pounds 129m last November by selling just under half of his family's 100 per cent holding in the company.
Underlying profits grew 20 per cent to pounds 21.9m at an operating margin of 16.2 per cent from sales 18 per cent higher at pounds 134.9m. After an 11 per cent increase in earnings per share to 14.4p, a final dividend of 4.9p made a full-year payout of 7.2p.
Mr Kirkham said DFS was benefiting from the heightened profile the company had gained since flotation. At the year-end there were 29 stores in the group following three openings during the period. Six more site openings are planned.
DFS has a 7 per cent share of the UK furniture market, which Mr Kirkham said provided a platform for further growth. The shares, originally priced at 260p on a historic price/earnings ratio of 21, closed 3p higher at 259p.
- 1 Pope Francis issues top 10 tips for happiness
- 2 Disney heiress Abigail disowns her share of family profits in West Bank company
- 3 The secret report that helps Israel hide facts
- 4 Now diplomacy has failed, boycotting Israel might be the only way we can protect the people of Gaza
- 5 Israel's propaganda machine is finally starting to misfire
Russell Brand accuses Sean Hannity of terrorism after aggressive Israel-Gaza debate
Pope Francis issues top 10 tips for happiness
Justin Bieber posts Instagram photo of a crying Orlando Bloom after Ibiza fight 'over Miranda Kerr'
Disney heiress Abigail disowns her share of family profits in West Bank company
Air Algerie AH5017 crash: Jet fell 30,000 feet in three minutes ‘due to violent storm’
The secret report that helps Israel hide facts
Land for gas: Merkel and Putin discussed secret deal could end Ukraine crisis
Woman and two children killed by mob in riots over 'blasphemous' Facebook post in Pakistan
Richard Dawkins tweets: 'Date rape is bad, stranger rape is worse'
Putin is 'thuggish, dishonest and reckless', says British ambassador to US
Boozy, ignorant, intolerant, but very polite – Britain as others see us
- < Previous
- Next >
iJobs Money & Business
£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...
£18000 - £23000 per annum + Commission: SThree: Real Staffing are currently lo...
£28000 - £32000 per annum + benefits: Ashdown Group: Training Programme Manage...
£20000 - £24000 per annum: Harrington Starr: A leading provider of web based m...