boohoo reports headline revenue growth for the full year to 29 February 2016 of 40% (42% CER) YoY, delivering sales of £195.4m. Following on from the upgrades in January, this is 3.2% ahead of our expectations of 35% growth or £189.2m. Full year EBITDA of £18.7m is also ahead of our £17.9m forecast, with EBITDA margin slightly ahead at 9.6% (9.5%). Growth continues to be powered by the UK, which delivered 38% full year growth. Strong growth has been reported in Rest of

26 Apr 2016
Full year growth of 40% (42% CER) and EBITDA beat drives more upgrades

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Full year growth of 40% (42% CER) and EBITDA beat drives more upgrades
boohoo group Plc (DEBS:LON) | 12.4 -0.1 (-4.2%) | Mkt Cap: 173.8m
- Published:
26 Apr 2016 -
Author:
Rachel Birkett, CFA -
Pages:
6 -
boohoo reports headline revenue growth for the full year to 29 February 2016 of 40% (42% CER) YoY, delivering sales of £195.4m. Following on from the upgrades in January, this is 3.2% ahead of our expectations of 35% growth or £189.2m. Full year EBITDA of £18.7m is also ahead of our £17.9m forecast, with EBITDA margin slightly ahead at 9.6% (9.5%). Growth continues to be powered by the UK, which delivered 38% full year growth. Strong growth has been reported in Rest of