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: Groceryshop 2023 Day Three: Opportunities in Grocery in 2023 and BeyondWeekly US and UK Store Openings and Closures Tracker 2023, Week 28: Christmas Tree Shops Drives US ClosuresRetail Challenges Drive Edge Technology InvestmentInnovator Profile: Node Makes Guest Users Loyal Customers