views

ANALYST VIEWS: WHAT DO YOU MAKE OF DEBENHAMS’ RESULTS?

CAROLINE GULLIVER | EXECUTION NOBLE
Debenhams has reported strong preliminary results: underlying profit-before-tax of £120.5m is ahead of consensus expectations of £115m, but more in-line with our estimate of £119m.”

TONY SHIRET | CREDIT SUISSE
“These figures are just the same old, same old. We would like to have seen more evidence of like-for-like growth. There is not enough transparency in the figures and I am not that impressed.”

KEITH BOWMAN | HARGREAVES LANSDOWN
“These are a very decent set of results against a very difficult backdrop. The company obviously has good buyers because the shelves seem to be stacked with things that customers want to buy at the right price.”