Shareprice

Free cash flow

£m†

Commentary
Free cash flow (defined as net cash from operating activities less net cash used in investing activities) has improved significantly due to higher operating profit, improved working capital and more efficient capital investment.

Why this measure is important
Dunelm is highly cash generative. This measure allows the Board to monitor cash flows to support investment decisions for the long term to support growth, or to return surplus cash to shareholders.

† Free cash flow is presented after exceptional costs.