The supplier of kitchens and joinery products to the building trade said profit before tax for the year to end December 2020 is estimated to be around 10% above the top end of current analyst forecasts, which stand at £123mln-£152mln.
Last year, the FTSE 250 group delivered a profit before tax of £260mln.
In the period from November 1 to November 28, 2020, the firm said its UK depots saw total revenue jump by 17% on a like-for-like basis, while total UK revenue for the year to date slipped by 5% compared to 2019.
Last month, the firm said it experienced a strong autumn peak trading period due to pent up demand since the coronavirus pandemic lockdown and a high level of stock availability.
Shares jumped 8% to 695.2p early on Wednesday.