Wickes saw the strong growth in the first half of 2019 ease in the final quarter but remained upbeat ahead of its demerger from Travis Perkins PLC (LON:TPK) later this year.
At a capital markets day to unveil the strategy for the demerged DIY chain, David Wood, Wickes’ chief executive, said sales rose 4.5% on a like-for-like basis and by 3.4% overall in the 13 weeks to 28 December.
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For 2019 overall, LFL and total sales were up 8.7% and 7.7% respectively.
Wood added: “I am delighted to report a strong sales performance for Wickes in Q4 and for the full year, setting us up well for the intended demerger from Travis Perkins, which remains on track for Q2 2020.”
Shares in Travis Perkins rose 2% to 1,594p on Wednesday at the opening bell.