Very Group profits rise despite flat sales

Very

The Very Group has enjoyed its third consecutive year of profit growth, despite flat revenues, thanks to a higher-margin sales mix and disciplined cost management.

Adjusted EBITDA rose 3.4% to £317.5m in the 52 weeks to June 27, while adjusted EBITDA margin before securitisation interest rose from 14.7% to 15.2%.

 

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