Shares in N Brown, the group behind the Simply Be, JD Williams and Jacamo brands, jumped by more than 35% after it revealed its pre-tax profits rose during its most recent financial year despite a fall in revenue.
The Manchester-headquartered retailer has reported a revenue of £715.7m for the 12 months to February 26, 2022, down from the £728.8m it posted for the prior year.
However, company's pre-tax profits rose from £9.2m to £19.2m over the same period.
