The interim results confirm another excellent half year for Boohoo, with EBITDA growth of 68% including only a modest contribution from PLT where growth rates remain very compelling and where FY guidance has been raised to +150%. Overall group sales guidance has been raised to +80% for FY18, which compares to our forecast of +75% (and similar for consensus). Note that overly conservative guidance of +60% had largely been ignored. Due to further reinvestment, though, and greater participation fro ....
27 Sep 2017
N+1 Singer - boohoo.com - Strong H1 and FY sales guidance partly offset by reinvestment
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N+1 Singer - boohoo.com - Strong H1 and FY sales guidance partly offset by reinvestment
boohoo group Plc (BOO:LON) | 33.5 -0.1 (-0.8%) | Mkt Cap: 425.3m
- Published:
27 Sep 2017 -
Author:
Matthew McEachran -
Pages:
3
The interim results confirm another excellent half year for Boohoo, with EBITDA growth of 68% including only a modest contribution from PLT where growth rates remain very compelling and where FY guidance has been raised to +150%. Overall group sales guidance has been raised to +80% for FY18, which compares to our forecast of +75% (and similar for consensus). Note that overly conservative guidance of +60% had largely been ignored. Due to further reinvestment, though, and greater participation fro ....