Trading continues to go from strength to strength as boohoo again reports impressive growth of 40% over the H117 period, ahead of our expectations of 33%. In addition to top line growth, there has been improvement in all KPIs, driven primarily by an optimised mix of marketing, price and promotional activity. This has delivered operational leverage and resulted in EPS growth of 124%. The boohoo brand has strong momentum both in the UK and internationally, and coupled with continued investment
27 Sep 2016
Profitable growth continues, upgrading FY17 and FY18
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Profitable growth continues, upgrading FY17 and FY18
boohoo group Plc (BOO:LON) | 33.9 0 0.3% | Mkt Cap: 429.7m
- Published:
27 Sep 2016 -
Author:
Rachel Birkett, CFA -
Pages:
9
Trading continues to go from strength to strength as boohoo again reports impressive growth of 40% over the H117 period, ahead of our expectations of 33%. In addition to top line growth, there has been improvement in all KPIs, driven primarily by an optimised mix of marketing, price and promotional activity. This has delivered operational leverage and resulted in EPS growth of 124%. The boohoo brand has strong momentum both in the UK and internationally, and coupled with continued investment