GOOD DAY

Yorkshire Post - Business - - BUSINESS / NEWS -

Re­tail:

Mata­lan has de­fied the gloom on the high street with ris­ing rev­enues in the first quar­ter of its fi­nan­cial year. For the 13 weeks ended May 26, the cloth­ing re­tailer’s to­tal rev­enues grew 5% from £253.4 mil­lion to £265.9 mil­lion. On­line sales rose 39%. Earn­ings be­fore in­ter­est, tax, de­pre­ci­a­tion and amor­ti­sa­tion were up 11% to £24.8 mil­lion. Mata­lan chief ex­ec­u­tive Ja­son Har­g­reaves said: “Our first quar­ter rep­re­sents a strong set of re­sults.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.