Debenhams Group Reports H1 FY2027 Financial Results

Debenhams Group reported a profit before tax of £28.3 million for H1 FY2027, a £46.2 million improvement from the previous year. EBITDA surged over 600% to £19.7 million, and gross merchandise value (GMV) increased by 1.8% to £863.8 million, with the Debenhams brand contributing a 14.1% rise in GMV. Management anticipates net debt to be negligible by year-end and aims for over £100 million in annual profit before tax in the medium term.