High Street

Waterstones profits rise by £40m in FY22

Although the group welcomed the easing of restrictions, it warned that rising costs and reduced consumer spending could still impact the group in the future

Waterstones has seen its profit-before-tax rise to £42.1m in the year to April 2022, up from £2.9m the prior year and £19.7 in FY20, as customers returned to the high street.

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