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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...