Matalan has reported a rise of 6 per cent YoY in adjusted EBITDA to £56 million (~$75.04 million) in FY25 despite a 9 per cent drop in revenue to £985 million.
Improved gross margin and Q4 gains boosted profitability.
Backed by £25 million in new funding, Matalan plans store expansions and a new app.
While momentum continued into FY26, the outlook remains cautious amid economic uncertainties.