Burberry has reported lacklustre sales in FY18 but in line with expectations. Profits were higher than expected thanks to higher cost savings. The guidance of flat revenue and adjusted profit was maintained for FY2019.
16 May 2019
Weak closing of the year, as expected
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Weak closing of the year, as expected
Burberry Group plc (BRBY:LON) | 1,130 113 0.9% | Mkt Cap: 4,052m
- Published:
16 May 2019 -
Author:
Rim BEN SALAH -
Pages:
2
Burberry has reported lacklustre sales in FY18 but in line with expectations. Profits were higher than expected thanks to higher cost savings. The guidance of flat revenue and adjusted profit was maintained for FY2019.