2005 Top Track 100
Rank: 9 Debenhams
Shareholders: CVC Capital, Texas Pacific and Merrill Lynch PE
Debenham's private-equity backers CVC Capital, Texas Pacific and Merrill Lynch PE are reportedly set to make a £400m profit on the £600m they put up to take the chain off the London Stock Exchange in December 2003 in a £1.7 billion deal. Sales at Debenhams' 116 stores rose £100m to £1,903m in 2004, while operating profits jumped £10m to £185m. Rob Templeman, the firm's chief executive, has not ruled out a return to the stock market later this year, and has also outlined plans to more than double the number of stores to 240.
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Debenham's private-equity backers CVC Capital, Texas Pacific and Merrill Lynch PE are reportedly set to make a £400m profit on the £600m they put up to take the chain off the London Stock Exchange in December 2003 in a £1.7 billion deal. Sales at Debenhams' 116 stores rose £100m to £1,903m in 2004, while operating profits jumped £10m to £185m. Rob Templeman, the firm's chief executive, has not ruled out a return to the stock market later this year, and has also outlined plans to more than double the number of stores to 240.
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Company facts
Debenhams
Department store operator
Company website
| 2004 Sales | ‡£1,903m |
| 2004 Profit | ‡£185m |
| Financial year end | Aug 04 |
| 2004 staff | 22,228 |
| Founded | 1813 |
| Location of HQ | Central London |
| If applicable: * = annualised figures‡ = draft accounts |
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