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Notices

2010-09-15 09:51:31

Debenhams positive pre-close update

Debenhams has proven strong management. FY10 guidance of Pre-Tax Profits of c.£150m. Their shares are lowly rated due, possibly, to the level of debt carried (£0.5bn). However Debenham's leverage is not amongst the highest in the sector ranking 14th out of 21 companies measured by sector analysts.