A year of upgrades has been topped by yet another sales and earnings beat. Full year sales of £295m are up 51%, with growth accelerating across all regions in H2. This impressive top line performance converted to a 90% increase in EBITDA to £35.6m and a 97% increase in PBT to £30.9m, driven by overhead efficiencies as the group grows. The complementary acquisitions of PrettyLittleThing and the Nasty Gal brand transform the business into a multi-branded proposition. This, alo
26 Apr 2017
A multi-branded, leading fashion eCommerce business, set for at least 50% growth yet again
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A multi-branded, leading fashion eCommerce business, set for at least 50% growth yet again
boohoo group Plc (BOO:LON) | 32.5 -0.1 (-1.4%) | Mkt Cap: 412.8m
- Published:
26 Apr 2017 -
Author:
Rachel Birkett, CFA -
Pages:
11
A year of upgrades has been topped by yet another sales and earnings beat. Full year sales of £295m are up 51%, with growth accelerating across all regions in H2. This impressive top line performance converted to a 90% increase in EBITDA to £35.6m and a 97% increase in PBT to £30.9m, driven by overhead efficiencies as the group grows. The complementary acquisitions of PrettyLittleThing and the Nasty Gal brand transform the business into a multi-branded proposition. This, alo