Tuesday 25 March 2014

Meet Dunelm Group PLC

Hello!

If you haven't met me yet my name is Tim Keily. If you haven't met my company yet, it's called Dunelm Group PLC. 




Dunelm Group PCL or formerly known as Dunelm-Mill, is a British based home furnishings retailer on the rise in the UK. Not only do they claim to be the UK's top furnishing retailer, it looks like their figures are mirroring this claim (which I guess is a good thing!). Through my research I've found that Dunelm was founded in 1979 by Bill Adderley & Jean Adderley. Originally a small market stall in Leicester, their home textiles hobby grew into a business, further to a superstore and through to a London Stock Exchange listed company. Dunelm has even found itself a constituent of the FTSE 250 Index, which is within the 101st to 350th largest companies listed in the London Stock Exchange.

Even though I was a little disappointed to find Dunelm was run by the Brits, It's exciting to find out that Dunelm has been growing over the last few years like a plant smothered in cow pats! Here's some financial highlights over the last year from their annual report:
 - A revenue increase of 12.2%
- An operating margin of 15.7%
 - Net cash generated from operations £100.4m

Now if there's one thing I've learnt so far in this course, it's that net cash (or any cash for that matter) is good. So Dunelm must be on the right track somewhere. 

Hopefully in the near future I can work out a little bit more about Dunelm Group PLC and share as much of this knowledge with you guys.

Here are some links I found :

http://www.londonstockexchange.com/exchange/prices-and-markets/stocks/prices-search/stock-prices-search.html?nameCode=DNLM

http://en.wikipedia.org/wiki/FTSE_250_Index

https://www.google.com/finance?q=lon:DNLM

http://dunelm.production.investis.com/

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