Wickes Group reported solid revenue growth in the first half of 2025, buoyed by a strong performance in its core retail operations.
Group revenue rose to £847.9 million, a year-on-year increase of 5.6%, with like-for-like (LFL) revenue up 4.5%. Retail remained the standout segment, contributing £634.4 million, with revenue growth of 6.8% and LFL growth of 6.4%.
The gains were underpinned by increased sales volumes, while pricing remained largely stable. Timber, garden maintenance and decorating were standout categories, helping the company gain further market share during the period.
TradePro, Wickes’ loyalty scheme for trade professionals, continued to deliver, with sales up 10% year-on-year and membership rising 14% to 615,000. DIY sales also posted mid-single-digit growth, supported by a rise in customer transactions. The company said its second-quarter performance benefited from favourable spring weather and the timing of Easter.
Meanwhile, the Design & Installation segment saw more modest gains. Revenue grew 2.1% year-on-year, though LFL sales declined by 1%. However, the business noted signs of recovery following initiatives launched in the second half of 2024, including a third consecutive quarter of ordered sales growth and a return to positive LFL delivered sales in Q2 2025—the first such increase since Q2 2023.
Wickes plans to open five to seven new stores in 2025, including four within former Homebase locations. It also intends to increase investment in technology, aiming to improve customer experience and drive long-term productivity and profitability.
