Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

TM Lewin on track for record year

Shirt retailer TM Lewin is expected to report a record year in terms of sales and EBITDA for the year ended February 2010, after beating the downturn this year.

Keith Nesbitt, chief operating officer at TM Lewin, which has 78 stores in the UK and Republic of Ireland, told The Independent newspaper that he was “pleased” with its performance in the 12 weeks to 20 December, though he declined to give the newspaper any figures.

He added: “It will be a record year in terms of sales and EBITDA [earnings before interest, tax, depreciation and amortisation].”

The shirt retailer posted pre-tax profits of £1.7m for the year edned February 28 2009 against a loss of £265,420 in the previous year. EBITDA rose by 15.5% to £12.7m over the 12 month-period.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.