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.

Listen to Investor.Exchange’s Deep Dive with your hosts, Matt and Sally. Key points:

• 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