MADE adjusts revenue guidance

MADE has revised its revenue guidance amid supply chain issues.

The home retailer has warned investors of a £12m to £15m loss to earnings, now standing at between £365m and £375m.

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“MADE has continued to deliver significant progress on its key strategic priorities as set out at the time of the IPO,” said the group in a statement today.

“On supply chain, the group has built stock positions to deliver significantly better lead times to consumers for 2022 and beyond as orders placed with suppliers are now in or close to our warehouses.”

The group debuted on the London Stock Exchange this year.

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