DIY
Matalan fell to £100m loss before takeover, filings reveal
It comes as the cost-of-living crisis drove an ‘unprecedented hit’ to the business
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2020/09/matalan-640x375-1.jpg?lossy=1&strip=1&webp=1)
Matalan fell to a pre-tax loss of £103.4m in FY23, widening from a £7m loss the prior period, in a year that saw the group rescued by a group of investors.
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