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Interim results likely to reflect challenging backdrop for retailer
Thursday 13 Apr 2017 Author: Tom Sieber

Department store Debenhams (DEB) is set to announce its half year results on 20 April. The company faces several challenges including margin pressure from weak sterling and falling like-for-like sales.

New chief executive Sergio Bucher will be hoping to get the market on side with this release.

FTSE 250 retailer Sports Direct (SPD) has been steadily buying more shares in Debenhams over the past few months and now owns 16.09% of the business.

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