Flash Report 4 minutesRegister for Free AccessDebenhams (LSE: DEB) 1H16 Results: Pretax Profit Up 5.5%, CEO Confirms Exit Coresight Research April 14, 2016 Executive Summary British department store chain Debenhams reported revenue of £1,327 million for 1H16 (ended February 2016), up 0.1% from 1H15. Gross transaction value (GTV) grew by 1.6% year over year, to £1,629 million, broadly in line with consensus. Basic and diluted EPS was 6.2 pence, up 5.1% from 5.9 pence in the same period in FY15 and in line with consensus. The company confirmed that CEO Michael Sharp will resign this year. Management added that it remains on track to deliver full-year results in line with market expectations. Debenhams also reiterated its FY16 guidance of gross margin growth of flat–50 basis points, among other figures. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Three Data Points We’re Watching This Week: Tech SpecialInnovator Profile: EyeLevel.ai Is Truth Serum for AI, Enabling the Build of Hallucination-Free Apps with up to 95% AccuracyCES 2023 ShowStoppers: Spotlight on Healthcare TechSingles’ Day 2023 Performance: Positive Reports from Major E-Commerce Platforms