First-half performance improved: Revenue rose 2.1% and adjusted profit before tax increased 1.1% to £27.6 million, supported by retail volume growth and a 5.7% increase in design and installation revenue despite price deflation and cost inflation. Momentum strengthened in the third quarter: Retail like-for-like revenue growth accelerated to the mid-single digits in the first 11 weeks, with TradePro sales up 5% and membership reaching a record 671,000. Wickes remains on track to meet full-year profit expectations.
Expansion and shareholder returns continue: Wickes returned £26 million to shareholders, raised its interim dividend 2.8% to 3.7 pence per share, and plans four to five new stores in the second half, followed by faster expansion from 2027 onward. Wickes Group (LON:WIX) reported higher first-half revenue and adjusted profit before tax as volume growth in retail and continued momentum in its design and installation business offset a deflationary pricing environment and cost inflation. Group revenue increased 2.1% in the first half of 2026, while adjusted profit before tax rose 1.1% to £27.6 million.
The company said its retail business continued to attract more customers despite product-price deflation of between 2% and 3% during the period. → Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. "This has been a strong period for the business," David said during the results presentation, adding that Wickes had delivered sales and profit growth without broader market tailwinds. The company said it remained on track to meet market expectations for adjusted pre-tax profit this year after retail like-for-like revenue growth accelerated to the mid-single digits in the first 11 weeks of the third quarter.
Retail revenue increased 0.8% in the first half. Wickes said adverse weather contributed to a slight sales decline in the first quarter, followed by an improvement in the second quarter and a stronger start to the third quarter. The company said sales growth was volume-led, with customers shopping more frequently in stores and online. → MarketBeat Week in Review – 09/07 - 09/11 TradePro, Wickes' membership program for trade customers, recorded a 5% increase in sales and reached a record 671,000 active members.
The company said retail market share increased year over year, supported by range reviews in categories including decorative, gardening and timber. Digital service offerings also contributed to performance. Sales through Click & Collect and home delivery rose 7%, while Wickes said 86% of customers rated its 15-minute Click & Collect service as excellent or good.
Its home-delivery service received an excellent-or-good rating from 90% of customers, according to the company. → Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers Design and installation revenue rose 5.7% as Wickes worked through an order book built during 2025. The segment recorded its fifth consecutive quarter of positive like-for-like delivered sales growth. However, ordered sales were slightly lower, as an increase in the number of projects sold was offset by a shift toward lower-average-order-value projects, including bespoke bathrooms and lifestyle kitchens.
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