Wickes posts strong first half growth
Wickes has reported strong volume-led growth in the first half of 2025 with group revenue increasing by 5.6% to £847.9 million.
In the six months to 28 June, retail revenue climbed by 6.8% to £634.4 million as like-for-like sales rose by 6.4%.
Subscribe to TRBMeanwhile, design & installation sales increased by 2.1% to £213.4 million and like-for-like sales returned to growth in the second quarter.
Wickes said the growth in retail was driven by an increase in volumes while pricing remained broadly stable. The company experienced strong customer demand across the timber, garden maintenance and decorating categories in the period, which helped to grow its market share to record levels.
Within retail, the performance of TradePro remained strong, with sales up 10% year-on-year.
Wickes is planning to open five to seven new stores in 2025 with four to be launched in former Homebase stores. It currently operates 229 stores across the UK.
David Wood, chief executive of Wickes, said: “In the first half of the year we have gone from strength to strength, with increased sales and record market share.
“Retail sales have grown again, driven by volumes, as more people shop with us, both in-store and online.
In design & installation, the actions we took to improve the customer proposition are driving project order volumes and as a result we have returned to sales growth.
“The continued investment in our growth levers underpins our market outperformance and leaves us well placed for the future as we target further profitable growth and value creation for shareholders.”
