UK home improvement retailer Wickes upbeat on profit forecast
28/01/2025 07:45
Jan 28 (Reuters) - British home improvement retailer
Wickes WIX.L estimated on Tuesday that its 2024 profit would
be at the higher end of market expectations, helped by strong
demand for garden project-related equipment and for interior
paint.
Wickes said it estimated adjusted pretax profit would be at
the upper end of a company-compiled analysts' forecast range of
39.7 million pounds to 44 million pounds ($49.3 million - $54.7
million).
($1 = 0.8046 pounds)
(Reporting by Simone Lobo and Yadarisa Shabong in Bengaluru;
Editing by Savio D'Souza)
((Simone.Lobo@thomsonreuters.com; +919920570373;))