All Saints returns to profit as international sales climb
All Saints recorded a return to profitability in its full-year results spurred by sales growth across its non-retail channels.
The fashion retailer posted operating profit of £3.6m in the 52 weeks to February 2 compared with a loss of £6.2m the previous year, bolstered by a 1.2% uplift in revenue to £331m.
The retailer’s EBITDA before exceptionals was flat year on year at £20.6m, while pre-tax losses narrowed from £32.8m to £26.1m.
All Saints, which ended the financial period with a 255-strong store estate across 26 countries, said its international sales comprised over half of overall revenue during the year, with sales across Asia up 10% year on year.
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