boohoo continues to exceed expectations, delivering H1 group revenue growth of 106% to £262.9m, with boohoo brand up 43% YoY (40% CER) and PLT delivering standout growth of 289%. The group continues to increase market share overseas. Growth in the USA was 160% (145% CER), and now represents 15% of total group sales, the largest market outside the UK. Rest of Europe saw growth of 89% (77% CER) while RoW grew 105% (89% CER). Sales in the UK doubled to £163.4m, representing 62% of to
27 Sep 2017
106% group growth delivered in H1, strong international growth driving more upgrades
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106% group growth delivered in H1, strong international growth driving more upgrades
boohoo group Plc (BOO:LON) | 33.9 0 0.3% | Mkt Cap: 429.7m
- Published:
27 Sep 2017 -
Author:
Rachel Birkett, CFA -
Pages:
10
boohoo continues to exceed expectations, delivering H1 group revenue growth of 106% to £262.9m, with boohoo brand up 43% YoY (40% CER) and PLT delivering standout growth of 289%. The group continues to increase market share overseas. Growth in the USA was 160% (145% CER), and now represents 15% of total group sales, the largest market outside the UK. Rest of Europe saw growth of 89% (77% CER) while RoW grew 105% (89% CER). Sales in the UK doubled to £163.4m, representing 62% of to