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GFG welcomes first profitable year

The company also saw gross profit in Q4 increase to โ‚ฌ183m (ยฃ158m) from โ‚ฌ168.9m (ยฃ146m) the previous year

Global Fashion Group (GFG) has announced its first adjusted EBITDA positive year for FY20 at โ‚ฌ16.4m (ยฃ14.1m), its first profitable year, and an increase from the previous yearโ€™s loss of โ‚ฌ37.1m (ยฃ32m), which was attributed to a โ€œstrongโ€ fourth quarter.

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