Very.co.uk news and archive

Very Group full year profit improves but sales remain flat

Very UK full year revenue increased 0.7 percent to 1.84 billion pounds, while the group revenue declined by 1 percent to 2.13 billion pounds. The company said in a release that underpinning these results were retail performances at both the Very UK and group level, reflecting strategic investments in pricing and assortment of key categories to...

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Very Group reports flat FY23 sales, profit drops

The Very Group, which operates digital retailers Very and Littlewoods, has reported flat revenue at 2.15 billion pounds for the full year ended July 1, while revenues at Very UK increased 1.9 percent to 1.82 billion pounds. Group adjusted EBITDA dropped to 276.5 million pounds, while adjusted EBITDA margin remained flat at 12.9 percent. The...

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Very Group Christmas sales grow, appoints new chair

The Very Group which operates digital retailer Very.co.uk reported retail sales growth of 21.9 percent with double-digit growth across all four key product categories. Electrical sales rose 28.2 percent, home, 24.5 percent, fashion & sports were up 17.7 percent and developing categories grew 12.2 percent. The group has also announced the...