Matalan has continued to defy the ongoing challenges facing UK retail with a 4.9 per cent uptick in revenue in its first quarter. For the 13 week period ending May 26, the value fashion retailer said total revenue came in at £265.9 million, compared to the £253.4 million recorded in the same period last year. It also recorded an EBITDA of £24.8 million, more than the £22.3 million recorded last year.
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Matalan posts 4.9% quarterly revenue growth