Debenhams has announced an equity fundraise of c. £40m (gross) at 18p per share to accelerate deleveraging as its transformation to a marketplace-centred business gathers pace. This follows a positive trading update in January which guided that FY26 adjusted EBITDA is expected to be ahead of previous guidance, having traded well since the interim results in November and seeing a discernible improvement in the youth brands, all of which are profitable. Group Adjusted EBITDA (total ops., incl. PLT ....
