Inditex, parent company of Zara, reported a 7.1% increase in sales for the first nine months of 2024, reaching €27.4 billion.The company’s gross profit rose to…
Browsing: EBITDA
Pepco Group has achieved record revenue and underlying EBITDA for the year ending September 30, 2024, yet challenges at Poundland cast a shadow over the success.Despite…
Mytheresa, a luxury online retailer, reports a significant increase in losses despite higher sales figures.The company’s net sales rose by 7.6% year-over-year, reaching €201.7m in a…
José Antonio Ramos Calamonte, Asos CEO, experiences a 43% pay increase.Despite the pay rise, Asos reports substantial pre-tax losses.The company’s sales have dropped significantly by 18%.Calamonte…
Samworth Brothers is planning to sell the Soreen brand to focus on core offerings, garnering attention from major competitors.The sale process is underway with the help…
B&M Expects Strong Golden Quarter Amid Rising Profits.Profits for B&M surged as sales climbed 3.7% to £2.6 million.UK revenues reached £2.1 million, driven by increased volume.Group…
EG Group reports a significant rise in profits thanks to its grocery division.Profits for the third quarter saw an 8% increase in EBITDA, reaching $300 million.Grocery…
Tate & Lyle reports a rise in profits despite a downturn in its food and beverage sector.The company’s EBITDA saw a growth of 6%, reaching £188m…
ASOS remains hopeful for a financial turnaround despite significant yearly losses, focusing on strategies that enhance profitability.By halving inventory since 2022, ASOS aims to improve profitability…
Asos remains optimistic about its financial turnaround, working through a significant £380m loss.The fashion retailer has cut inventory by half since 2022, focusing on full-price sales…