Matalan profits & sales drop in golden quarter

// Matalan’s Q3 revenue dipped 1.2% to £311.7m in 13 weeks to Nov 30
// EBITDA fell by more than £6 million to £33.7m in same period
// Over the 5 weeks to Jan 4, which includes the Christmas shopping period but not Black Friday, sales increased 0.6% to £134.3mMatalan was not immune to the challenges plaguing the high street in the closing months of 2019 as revenues and profits dropped.
Revenue hit £311.7 million for the 13 weeks ending November 30, a 1.2 per