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DEBS Boohoo News Story

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Consumer CyclicalsHighly SpeculativeMid CapMomentum Trap

Brief: Debenhams Group Expects FY EBITDA About 45 Mln Stg For Total Operations

Nov 27 (Reuters) - Boohoo Group PLC DEBS.L:

DEBENHAMS: GROUP TURNAROUND IS WELL UNDERWAY WITH DEBENHAMS BRAND CONTINUING TO GROW WITH H126 GMV +20% AND EBITDA +50%

DEBENHAMS: NOW HAVE CLEAR LINE OF SIGHT TO DEBENHAMS BRAND DELIVERING £1BN GMV AND £50M+ EBITDA WITHIN 3 YEARS

DEBENHAMS: EXPECT FULL YEAR EBITDA TO BE APPROXIMATELY £45M, FOR TOTAL OPERATIONS

DEBENHAMS: EXPECT FULL YEAR EBITDA TO BE APPROXIMATELY £45M, FOR TOTAL OPERATIONS. THIS IS EXPECTED TO GROW DOUBLE DIGITS % IN FY27

DEBENHAMS: CONSIDERS MARKET VALUATION OF GROUP TO BE WELL BELOW INTRINSIC VALUE

DEBENHAMS: WILL FORMALLY CHANGE NAME OF BOOHOO GROUP PLC TO DEBENHAMS PLC, AS WE PREVIOUSLY TRIED, AS SOON AS ALL MAJOR SHAREHOLDERS AGREE

DEBENHAMS: FY26 ADJUSTED EBITDA TO BE AHEAD OF LAST YEAR

DEBENHAMS: MOMENTUM WE HAVE BUILT IN FIRST HALF SETS US UP WELL FOR REMAINDER OF FY26 AND WE EXPECT ADJUSTED EBITDA TO BE AHEAD OF LAST YEAR

DEBENHAMS: PLT REMAINS AS AN ASSET HELD FOR SALE

DEBENHAMS: ADJUSTED EBITDA OF £20.0M IN H126

DEBENHAMS: GROUP REVENUE £296.9 MILLION IN H1

Source text: ID:nRSa1808Ja

Further company coverage: DEBS.L

 ((Reuters.Briefs@thomsonreuters.com;))

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