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Clothing & ShoesOnline & Digital

GFG welcomes first profitable year

The company also saw gross profit in Q4 increase to €183m (£158m) from €168.9m (£146m) the previous year

Global Fashion Group (GFG) has announced its first adjusted EBITDA positive year for FY20 at €16.4m (£14.1m), its first profitable year, and an increase from the previous year’s loss of €37.1m (£32m), which was attributed to a “strong” fourth quarter.

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