Dr Martens profits drop 30% amid IPO related costs
Profit was also impacted by the groupโs repaying of ยฃ1.3m furlough related monies from its total ยฃ1.9m that it received in government grants early on in the pandemic
Footwear retailer, Dr Martens has revealed that its profit before tax dropped 30% to ยฃ70.9m from ยฃ101m for the year ended 31 March 2021 which was attributed to the ยฃ80.5m cost related to its London Stock Exchange IPO.