DFI Retail Group: Half-Year Results and Special Dividend
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DFI Retail Group: Half-Year Results and Special Dividend
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DFI Retail Group has reported a period of strong underlying profit growth, buoyed by enhanced performance in its core divisions and increased contributions from associates. The Group is undergoing a significant strategic pivot, continuing its portfolio simplification through key divestments that have strengthened its balance sheet. This evolution towards a more focused operating company, prioritising high-margin businesses and growth initiatives, underscores their confidence in long-term growth strategy and commitment to shareholder returns, marked by a special dividend.
• The Group experienced a remarkable surge in underlying profitability, showcasing the effectiveness of its strategic initiatives • A major strategic shift is well underway, involving a focused evolution of its business portfolio for enhanced operational efficiency • Shareholders are receiving a significant return of capital, highlighting the Group's dedication to creating value