boohoo.com beat revenue and earnings expectations for FY15. Guidance for FY16 also appears beatable. Indeed, we see potential for it to grow profits substantially in all of its main territories for the foreseeable future. It has the financial resources to fund that growth internally. These factors underpin the premium P/E rating.
27 Apr 2016
A sizeable opportunity
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A sizeable opportunity
boohoo group Plc (BOO:LON) | 36.1 0 0.1% | Mkt Cap: 457.9m
- Published:
27 Apr 2016 -
Author:
David Stoddart -
Pages:
2
boohoo.com beat revenue and earnings expectations for FY15. Guidance for FY16 also appears beatable. Indeed, we see potential for it to grow profits substantially in all of its main territories for the foreseeable future. It has the financial resources to fund that growth internally. These factors underpin the premium P/E rating.