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Results: ITS

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EPIC ITS
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In The Style Group – well positioned to improve profitability, or not?

Womenswear online retailer In The Style (ITS) has announced revenue growth “marginally ahead of the guidance issued by the company in January 2022. Adjusted EBITDA margin will be in line with that guidance at 1%… very well positioned to continue its impressive growth and improve its profitability”. So what does that mean financially?...

EPIC ITS
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In The Style Group – interims emphasise “very strong revenue growth”, but that’s vanity...

Previously writing on online womenswear group In The Style (ITS), in late September with the shares down to 165p I concluded it’s still a bargepole for this AIM Awards shortlisted ‘Diversity Champion’ and ‘Best Newcomer’ (natch). Now results for its half-year ended 30th September emphasising “a period of very strong revenue growth across all channels against an exceptional prior period”... and the shares currently further down towards 90p...

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