Brief: Debenhams' May GMV grows 8%
03/06/2026 07:10
BRIEF-Debenhams' May GMV grows 8% June 3 (Reuters) - Debenhams DEBS.L:
Q1 FY27 TRADING UPDATE
BOARD CONFIDENT OF DOUBLE DIGIT ADJUSTED EBITDA GROWTH AND FREE CASH FLOW IN FY27
REDUCTION OF NET DEBT TO ADJUSTED EBITDA TO BELOW 1X IN CURRENT YEAR IS ON TRACK
CAPEX EXPECTED TO FALL TO £8M IN CURRENT YEAR
FIXED COSTS ON TRACK TO REDUCE TO £100M THROUGH 2027
Q1 ADJUSTED EBITDA MARGIN EXPANDED YEAR ON YEAR
Q1 GROUP GMV UP 0.5% YEAR ON YEAR; MAY GMV UP 8%
Source text: ID:nRSC7329Ga
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