Radley FY17 turnover up but EBITDA declines

For the year ended April 30, 2017, Radley + Co Limited said in accounts filed with the Companies House UK that the turnover rose to 47.1 million pounds (66 million dollars) driven by a new partnership with Debenhams in the UK and 13 percent increase in ecommerce sales to 11 million pounds (15.5 million dollars). However EBITDA decreased to 3.3 million pounds (4.6 million dollars) from 5.5 million pounds (7.7 million dollars) in the previous year.