The Works profits jump as cost saving measures kick in
The Works has reported a jump in profits, despite total sales slipping, as it managed to offset financial headwinds through cost saving and improved margins.
For the 52 weeks to May 4, 2025, the retailer reported a 58% jump in adjusted EBITDA to £9.5m, a 20.3% increase in profit before tax to £8.3m and adjusted profit before tax of £4.6m – all in line with its recently upgraded market expectations.
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