Burton Group moves back into the black with pounds 18.5m

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The Independent Online
Burton Group, owner of Debenhams, Top Shop and Principles, bounced back to a pounds 18.3m pre-tax profit in the year to 28 August compared with a pounds 800,000 loss. But the results, coupled with 1.1p of earnings and a held 2p dividend, disappointed the City. John Hoerner, chief executive, said that the refocusing of the business was bound to cost sales.

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