Debenhams forecasts higher profits

Debenhams today said it was expecting annual profits to rise by around 20% after it put margins ahead of sales in a “year of change”.

Debenhams forecasts higher profits

Debenhams today said it was expecting annual profits to rise by around 20% after it put margins ahead of sales in a “year of change”.

The high street retailer is pencilling in underlying profits of about £150m (€180m) for the year to August 28.

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