M and Co reports year of growth


Fashion retail chain M&Co has reported a growth in profits of 37 per cent for the year to February 2017. Like for like sales were up by 1.8 per cent to reach £165.6 million for the year with EBITDA up by 16 per cent to £11.1 million. 

The business had closed eight stores during the year and opened 14 new ones. It now plans to continue to open new stores in market towns at the rate of 12 to 15 a year.

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