Homebase expects to break even this year after closing 47 stores last year as part of a restructuring by Hilco, but management warned there could be further closures.
The DIY chain said its turnaround plan was “on track” after a disastrous two years under Australian ownership.
Its operating loss before exceptional items narrowed to £39m, compared to the £187m loss recorded in the final six months of 2017.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
