Wickes shares jump as FY profits beat expectations

Wickes

17/03/2026 08:19

** British retailer Wickes's shares WIX.L up 4.8% at 225.5p - stock among top gainers on FTSE mid caps  .FTMC

** WIX reports full year adjusted pretax profit of 49.9 million pounds ($66.38 million)  above the avg analysts' expectations from a company-compiled  poll of 48.2 million pounds

** We believe Wickes is well placed to navigate both the current uncertain backdrop and
exploit the recovery- Peel Hunt

** YTD, stock had fallen 8.5%

($1 = 0.7517 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com )) ))