Wednesday, July 24, 2019

Financial analysis ' report' on Dunelm Group plc Essay

Financial analysis ' report' on Dunelm Group plc - Essay Example Another trend among consumers is their increased use of the internet to buy products the industry has on offer. Thus, competition has risen. It is expected that the industry’s value will continue to fall (Key Note Media Centre, 2013). Industry players are expected to venture more into the use of online market as will be shown through an outlook of two industry players; Dunelm Group plc and Home Retail Group plc. Dunelm Group plc was founded in 1979. It is located in Watermead Business Park. Dunelm Group plc headquarter is in Syston, LE7. The main executives of this company include CEO Will Adderly, financial director David Stead, the founder and long-term president William Adderly, and the company secretary Dawn Durrant (Dunelm Group plc, 2013). The company is involved in the sale of home furnishings and home wares. The company sells bedding like duvets; curtains and curtain accessories; bedroom furniture; cushions and cushion covers; home and electrical accessories; dining accessories just to name but a few. Dunelm group operates a hundred and thirty-seven stores and its brand name, Dunelm. It also has an on-line presence from where customers can order products at their convenience. Currently, the company continues to be successful in spite of the economic pressures facing it. The success is evidenced by it continued expansion plan through opening of new stores in the UK. As indicated in its strategic priorities, it intends to develop and take advantage of its infrastructure, develop its specialization, and expand further through various channels (Dunelm Group plc, 2013). The market capitalization stands at 1.75 billion pounds. It is listed in the London stock exchange with a total of 201.92 shares in issue. As of June 28th, 2014, the company’s revenue totalled 730.15 million pounds, which compared to the last

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