Matalan warns on margins as discounting rises
The value fashion giant posted a total sales rise of 2.9% to £273.5m in the 13 weeks to May 25. Restated EBITDA edged up to £25m from £24.8m in the previous comparable period, while taking into account new accounting rules on leases for the first time, EBITDA was £50.4m.
Already have an account? Sign in here