preference for margin over revenue at very group
Londen, zaterdag, 24 mei 2025.
very group has announced financial results for the 39 weeks ending 29 March, emphasising higher profit margins over revenue growth. despite a 3.8% revenue decline to £1.603 billion due to a focus on higher-margin products, adjusted ebitda rose by 8.8% to £214.9 million. this led to the highest ebitda margin of 13.4% in the company’s history. the home and sports categories saw growth rates of 8.9% and 24.6%, respectively. very uk experienced a 2.5% revenue decrease but remains the largest revenue contributor at 88%. littlewoods, another brand of the company, saw a 15.1% revenue decline due to a controlled phase-out strategy. despite these shifts, very group anticipates further profitability through strategic priorities and cost control.
high margins despite revenue decline
very group has revealed its financial results for the 39-week period ending 29 March. the company reported a revenue decrease of 3.8% to £1.603 billion. this decline is attributed to the focus on higher-margin products[1][2]. however, adjusted ebitda rose by 8.8% to £214.9 million, achieving the highest ebitda margin of 13.4% in the company’s history[1][2].
performance in specific categories
within the home and sports categories, very group saw strong performances, with growth rates of 8.9% and 24.6%, respectively[1][2]. these increases occurred despite challenging market conditions and are credited to strategic priorities within these segments[1][2].
position of very uk and littlewoods
very uk maintains its status as the largest revenue contributor for very group, with a share of 88% despite a 2.5% revenue decrease[1][2]. in contrast, the littlewoods brand experienced a 15.1% revenue drop, aligning with the company’s controlled phase-out strategy[1][2].
future profitability
despite variations in revenue and market share, very group anticipates further profitability. this is attributed to a focus on strategic priorities and cost control. ebitda performance, combined with a controlled capital management strategy, contributed to improved cash flow[1][2].