House of Fraser’s adjusted EBITDA rose from £9.2m to £10m in the 13 weeks to October 25 as its own brands performed strongly in the period.
The department store group, which was acquired by Nanjing Cenbest, a subsidiary of Chinese conglomerate Sanpower Group in April, said like-for-like sales rose 5.5% during the period, resulting in an overall 4.6% like-for-like sales rise for the year to October 25.
On current trading, House of Fraser said sales in the “opening weeks” of its fourth quarter were up 7.2% on the same period.
During the period, the retailer said it continued to enjoy a strong performance from its house brands, with sales rising 11.8%.
Online sales jumped 37.7%.
House of Fraser added that its stores continued to perform well compared with last year, highlighting that shops in large cities including Edinburgh, London and Glasgow proved to be the strongest.
During the period, the retailer said it improved its online delivery service by offering customers who order before 7pm a guaranteed next-day pre-9am delivery, opened a buy-and-collect concept store in Caffé Nero in Cambridge, and refurbished its Bath store.
House of Fraser chief executive John King said: “We are very pleased with our performance year to date, which has been driven by the continued success of our leading multichannel offering and the strength of our premium branded proposition.
“We remain confident of delivering further growth for the year and thereafter. We are also pleased with the progress being achieved with our new Chinese owners and growth opportunities this new relationship will bring in the UK and abroad.”