Boohoo lifts profit guidance as turnaround gathers pace

Boohoo Group PLC (AIM:DEBS) has delivered underlying profits comfortably ahead of its own guidance For the year to February 2026, EBITDA came in at £53 million, marking a 36% improvement on the previous year, driven by a 76% surge in the second half. The online fashion retailer, which operates under the Debenhams brand, said this latter increase reflected the accelerating impact of a cost-cutting and restructuring programme begun after the group ran into financial difficulties.