N Brown (GB:BWNG) has released an update.
N Brown Group has reported a strong financial performance for the full year ended March 2, 2024, with adjusted EBITDA exceeding market expectations and a return to profit, despite a challenging macro-economic environment. The company has made significant progress in its strategic transformation, enhancing customer experience and strengthening its balance sheet, leading to a robust liquidity position. While overall revenue saw a dip, the company’s strategic initiatives and focus on profitable sales have positioned it for sustainable growth and improved customer satisfaction.
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