skip to content

Annual Results

SCS profit rises on higher sales

03 October 2017 07:27

SCS Group has posted a rise in annual net profit after it increased sales density at its furniture and flooring stores.

Net profit rose by 8% to £9.4m, from £8.7m in the previous year. Revenue jumped by 4.9% to £333.0m.

SCS said trading since the start of the new financial year was in line with its expectations.

It declared a final dividend of 9.80p per share, bringing the full year dividend to 14.70p, up 1.4% on the previous year.

"We are delighted to be reporting continued sales growth across all areas of the group for the third year in a row," chief executive David Knight said.

"The core SCS business has continued to focus on providing excellent choice, value and quality for our customers, and I am pleased to see this delivering record results in furniture and flooring sales."

Story provided by StockMarketWire.com

Related Company: SCS

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

-

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.