Dunelm full-year profit and revenue rise

10th Sep 2015 07:50

(ShareCast News) - Dunelm posted a rise in full-year profit as revenue grew strongly and the homeware retailer boosted its final dividend.Pre-tax profit for the 53 weeks to 4 July was up 4.7% from last year to £122.6m, on total revenues of £835.8m, up 12.7% from 2014.Dunelm said it will pay a final dividend of 16p per share, up from 15p last year and increasing the full-year dividend to 21.5p from 20p. The company also paid a special dividend of 70p.Chief executive Will Adderley said: "It has been a busy and very successful year at Dunelm and the business is in better shape than ever with good momentum and clear plans for further growth."Customers continue to respond well to our specialist homewares offer and we have made strong progress in all elements of our growth strategy - achieving good like-for-like sales, opening 12 superstores and significantly increasing revenues from our home delivery offer. At the same time, we have made a number of important changes to prepare the business for its next phase of growth."Adderley is due to leave the company at the end of the year and will be replaced by John Browett.In a separate statement, Dunelm said it has appointed Peter Ruis as a non-executive director with effect from 10 September.Ruis has been chief executive of fashion retailer Jigsaw since 2013, prior to which he worked at the John Lewis Partnership where he held several roles including executive buying and brand director.