13 November 2025 - interim results
The troubled retailing group has announced its interim results for the 26 weeks to 27 September which have confirmed the difficult trading conditions that the group has experienced. Revenues for the period increased by 4% to £2.75bn helped by new store openings and a strong performance from the business in France. However, a fall in margins as the company reduced prices to be even more competitive has led to a reduction in profitability with adjusted operating profit falling to £177m (2024: £258m) and adjusted pre-tax profit reducing to £103m (2024: £192m). Adjusted earnings . . .
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