Footasylum warns on growth

During the period, revenue was up 33% to £194.8 million with growth across all channels and product categories. Online sales rose by 41% and now account for 30% of total revenue.

Adjusted EBITDA increased by 12% to £12.5 million while adjusted pre-tax profit rose by 4% to £8.4 million.

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Meanwhile, pre-tax profit fell to £1.9 million compared to £8.1 million in the previous year when exceptional items of £6 million and a share-based payment charge of £0.4 million were included.

Footasylum opened ten new stores,…