Business Analysis : Debenhams Plc

1144 Words Aug 14th, 2016 5 Pages
Debenhams Plc. are multinational retailers located in Britain and whose main operations involve sale of end products in departmental stores. The stores were founded in 1778 by William Clark. Clark opened the first Debenhams stores in London. Eventually, the stores expanded to 178 more stores as of 2014 with London still remaining to be the stores headquarters. Debenhams Plc. are a publicly traded company registered in the London Stock Exchange (LSE) and trades under the ticker name DEB.
1.1 Next Plc.
Next Plc. are also a British retail store headquartered in Enderby, Leicestershire. Next Plc. have specialized in the sale of clothing, home goods and footwear. They have an approximate of 700 stores where more than half of these stores are located in the U.K and Ireland. Next Plc. are a registered or listed member in the LSE and trade under the ticker name NXT.

1.2 The financial performance
The following statistical analysis can be extracted from the financial statements;
Figures in £ ‘000,000’
Debenhams
2014
2013
Non-current loans
223.8
235.9
Current loans and overdraft
202.1
163.1
Total debts
425.9
399
(Cash and cash equivalents)
(64.4)
(27.0)
Net borrowings/debts
361.5
372

Figures in £ ‘000,000’ except for ratios

Year
2014
2013
Increase/(decrease) %

Sales
2,312.7
2,282.2
1.34

Gross profit
279.3
299.6
(6.78)

Operating profit
128.6
155.4
(17.25)

Equity
767.4
744.4
3.09

Net borrowings
361.5
372
(2.82)

Capital employed
1,128.9
1,116.4
1.12
Gross profit margin…

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