Retail sales were up 2% at CER and flat reported. Comparable wholesale revenue surged by 10% at CER. Better cost control along with phasing operating costs have led to a 36% higher operating profit. We will upgrade our forecasts.
08 Nov 2018
Cheerful improving profits in H1
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Cheerful improving profits in H1
Burberry Group plc (BRBY:LON) | 1,218 0 0.0% | Mkt Cap: 4,368m
- Published:
08 Nov 2018 -
Author:
Rim BEN SALAH -
Pages:
2
Retail sales were up 2% at CER and flat reported. Comparable wholesale revenue surged by 10% at CER. Better cost control along with phasing operating costs have led to a 36% higher operating profit. We will upgrade our forecasts.