Wickes boosted by home insulation sales amid energy costs crisis
1 year, 10 months ago

Wickes boosted by home insulation sales amid energy costs crisis

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy DIY chain and builders’ merchants Wickes has seen a boost to trade as households rush to buy energy-saving products to help cut soaring power bills over the winter months. The group said falling DIY sales stabilised towards the end of last year, helped by strong sales of products such as loft insulation and draught excluders. With the increased cost of living and colder winter months we have seen more customers turning to Wickes for help to reduce their energy usage and bills Chief executive David Wood Chief executive David Wood said: “With the increased cost of living and colder winter months we have seen more customers turning to Wickes for help to reduce their energy usage and bills. “We’re providing market-leading value on products, from loft insulation through to draught excluders, and customers are visiting our online Sustainable House Guide for great hints and tips on how to reduce energy and cut back on costs.” Wickes said material prices have been rising more slowly thanks to falls in the cost of timber, with inflation easing back to 9% in the three months to the end of December.

History of this topic

Wickes sees profits tumble 25% in difficult DIY market
3 months, 2 weeks ago
Wickes’ profits at top of forecasts amid strong trade demand
10 months, 4 weeks ago

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