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Birmingham Post
Birmingham Post
Business
Jon Robinson

Jacamo, JD Williams and Simply Be owner issues profits warning over 'escalating and fast-moving inflation'

Jacamo JD Williams Simply Be N Brown

The online fashion group behind the likes of Jacamo, JD Williams and Simply Be has predicted its profits could drop by more than £10m during its up-coming financial year because of "the escalating and fast-moving inflationary environment".

N Brown said its adjusted EBITDA for the 12 months to March 4, 2023, will be similar to the level reported in the year to February 27, 2021, which totalled £86.5m.

The Manchester-headquartered group is expecting to report an adjusted EBITDA for its most recent financial year of between £93m and £96m.

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