Tom Tailor expects to post sharp rise in FY17 EBITDA

Confirming preliminary figures published on February 21, 2017, the Tom Tailor Group said that in 2017, the company’s main priority will be on implementing the measures from the RESET cost and process optimization program. In addition to store closures and the departure from some markets, it includes the ongoing optimization of internal structures and processes. The company expects positive effects of the realignment to become visible over the course of the current year resulting in a sharp rise in reported EBITDA in 2017.