Learn more

By August Graham, PA Business Reporter & Lawrence Matheson DFS Furniture, the sofa seller, is sticking to its profit targets even though there was a fall in demand in Autumn. The company said that by cutting costs, they’re hoping to keep making money even if they don’t sell as much. They think they’ll make about £1.02-1.04 billion by next summer, which is a bit less than they thought before. But they still think they’ll make a profit of £30-35 million before tax. Tim Stacey, the boss of DFS, said: “The group has performed well in tough trading conditions. Despite the weaker than expected marke…

cuu